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Ukravtodor, has placed a series of $ 700 m "Big Construction" bonds on the London Stock Exchange.

The funds raised will go to the implementation of the "great construction" program of President Volodymyr Zelensky in terms of the development of road infrastructure.

According to Ukrainian Infrastructure Minister Oleksandr Kubrakov, Ukravtodor received $ 2.4 billion in applications in the placement process. This is more than three times the planned volume of production.

"Ukraine has two victories today - in the match with North Macedonia and in the international financial markets," Kubrakov said of the auction's results.

According to the minister of infrastructure, the popularity of Ukravtodor's Eurobonds on the stock market has confirmed the significant interest in Ukraine from the global financial market and the trust as a state and the major infrastructure projects implemented within it.

All this allowed it to attract 6.25% for road infrastructure development over 7 years and $ 700 million for state guarantees. The rate is a record low compared to previous versions of Ukraine's Eurobonds in the US currency.

Earlier, Deputy Head of the Office of the President, Coordinator of the program" great construction " Kyrylo Tymoshenko said that in 2021 the country plans to build and repair 6,500 kilometres of roads.


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