Ukraine's Avangard talks up to $150 million three-year eurobond in 20% area

By Aaron Hochman-Zimmerman

New York, August 1 - ZAT Avangard issued talk in the 20% area for its up to $150 million three-year eurobond issue, according to a market source.

Talk was revised upwards from the 13% area.

Standard Bank is bookrunner for the deal.

Proceeds will be used to open four new poultry plants.

Avangard is a Zahvizdya, Ukraine-based egg and egg products producer.

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