Raiffeisen Bank International and Renaissance Capital have
delivered the issuance of €325 million (361.43 USD) 8.5%
senior notes due 2024, by Ukrainian energy group, DTEK
Renewables Finance B.V.
This offering was the first green bond ever issued by a
Ukraine-based corporate, and only the second green bond in the
broader region. It follows the success of the May 2019 green
bond issued by Russian Railways (RZD).
"The green bond had attracted strong European and US
institutional investor demand, delivering an investor book with
a dominant share of large institutional fund managers," said
Dmitry Gladkov, acting global head of investment banking and
head of financing group, Renaissance Capital. "There has been
very strong interest from dedicated green funds within the
largest fund managers, opening new investor horizons for the
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Gladkov added that he does see...