Ukravtodor may issue Eurobonds in 2020

Ukravtodor may issue Eurobonds in 2020

Ukrinform
The State Road Agency of Ukraine (Ukravtodor) is considering the possibility of issuing Eurobonds to attract funds for the construction of highways in 2020, according to Ukravtodor Head Oleksandr Kubrakov.

In an interview with CTS, Kubrakov reminded that the Verkhovna Rada in January voted in favor of two important bills for Ukravtodor, amending the budget code and the state budget for 2020.

"These bills provide an opportunity to attract additional funds in foreign markets. We are considering different options. One of them is the issue of Eurobonds. We will hold consultations with the Finance Ministry when and how we should do it. Now we are planning this for the first half of the current year,” he said.

As Ukrinform reported, the Verkhovna Rada on January 16 adopted bills No.2661 and No. 2660 that will allow attracting additional UAH 20 billion to the budget for road repairs in 2020.

iy


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2020 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-