China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

October 2005

Ukraine: Cabinet dismissals hit Eurobond issue

by Kathryn Wells


Ukrainian president Viktor Yushchenko's announcement on September 8 that he had sacked his entire cabinet, including prime minister Yulia Tymoshenko, could hardly have come at a worse time for the investment banks appointed to arrange the sovereign's latest Eurobond issue.

Citigroup, Deutsche Bank and UBS have been mandated as joint bookrunners on its planned €600 million denominated 10-year issue, and had planned to hold a roadshow during the week of September 12. This was swiftly put on...


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