Ukraine’s MHP sets roadshow for eight- to 10-year dollar notes

By Rebecca Melvin

New York, March 9 – MHP Lux SA, a subsidiary of the Ukraine’s agro-industrial MHP SE group, has mandated banks and scheduled fixed-income investor meetings for a new dollar-denominated eurobond with an eight- to 10-year maturity, according to market sources.

J.P. Morgan, ING and UBS are organizing the meetings, which will start on March 14.

Simultaneously, MHP is tendering for any and all of its $495.6 million of 8¼% notes due 2020. The tender price for bonds tendered by March 21 is $1,095 per $1,000 held.

The tender is contingent on a new issue of at least $247.8 million in size, or half of the amount of existing notes being tendered.

Further details were not immediately available.

The issuer is based in Kiev, Ukraine.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.