Ukraine has hired banks for a US dollar bond issue, three sources told IFR. Up to four banks are understood to have been mandated.
DP World has gone ahead with its triple-currency deal. Such issuance from CEEMEA is extremely rare - Teva springs to mind when it issued US dollars, euros and Swiss francs as part of its fundraising for its acquisition of Allergan’s generics business in mid-2016 (though DP World will want to avoid any other similarities with Teva, as it subsequently got junked).
Ukraine has hired banks for a US dollar bond, according to three sources.