Heavily indebted Ukraine may borrow $1 billion in November via a new sale of U.S.-backed bonds, part of a broader international support package Kyiv expects to receive by the end of the year.
The finance ministry said on Wednesday it anticipated international assistance worth more than $3.2 billion up to the end of 2015, including $1 billion of U.S. guarantees in November.
It also expects to receive two credit payments of $500 million a piece from the World Bank in August and September and 600 million euros from the European Commission.
“It may be a new $1 billion issue of a U.S.-backed Eurobond, …read more
Source: Voice of America
