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You're reading: Boryspil airport raises over Hr 250 million from placing of I Series bonds

Kyiv-based Boryspil international airport has finished placing I Series bonds and raised Hr 252.3 million, the company has reported in the information disclosure system of the National Commission for Securities and the Stock Market.

The report says that the bonds were placed in the period from August 1 to August 22, 2012.

As reported, Boryspil Airport Director General Anton Volov on June
14, 2012 decided to pace I-L Series bonds worth Hr 1 billion. On June
27, 2012 the decision was agreed with the Infrastructure Ministry and on
July 20, 2012 with the Finance Ministry of Ukraine.

All of the securities, which have a face value of Hr 1,000 each, were issued in book-entry form, 250,000 bonds in each Series.

The start of the placing of J Series bonds is scheduled for September
5, 2012, that for K Series bonds – October 3, and L Series bonds –
November 7, 2012 and will continue for all of the series until July 22,
2013.

Kyiv-based Ukreximbank is acting as underwriter, and the Kyiv-based
PFTS Exchange and Dnipropetrovsk-based Perspectiva stock exchanges
organized the placement.

The interest rate for all of the securities for the first-fourth
coupons is set at 16% per annum. Interest is to be paid every quarter.

The I Series bonds will mature from July 29 to July 31, 2015, the J
Series bonds from March 2 to March 4, 2016, the K Series bonds from
September 28 to September 30, 2016 and the L Series bonds from May 3 to
May 5, 2017.

The funds raised will be used to build terminal D (the expansion of its infrastructure).

Boryspil airport occupies about 1,000 hectares. It has two runways:
one 4,000 meters long and 60 meters wide, and another 3,500 meters long
and 63 meters wide. The airport has four passenger terminals and a mail
and cargo complex.

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