You're reading: Four Ukrainian railways select Morgan Stanley as organizer of eurobond issues

State enterprises Odesa railways and Pivdenno-Zakhidna railways (Kyiv) have selected investment bank Morgan Stanley for organizing and raising funds with the issues of eurobonds worth $125 million and $150 million, respectively.

According to the Visnyk Derzhavnykh Zakupivel bulletin, the end-date for signing these agreements are April 14 and 19 of this year.

It was earlier reported that Lviv railways and Pivdenna railways (Kharkiv) also selected Morgan Stanley for organizing eurobond issues worth $75 million and $250 million, respectively.

Odesa Railways operates in six regions: Odesa, Mykolaiv, Kherson, Cherkasy, Kirovohrad, and Vinnytsia. Large sea and river ports are located in the regions where the company operates.

Pivdenno-Zakhidna Railways has an administrative center in Kyiv. The total length of its track is 4,668 kilometers. Some 93.3% of all its cargo and passenger transportation is performed using electric locomotives. It operates 315 stations. Five departments of railway transportation – in Kyiv, Kazatyn, Zhmerynka, Korosten and Konotop – manage the railway network.