KYIV, Sept 10 – Myronivsky Hliboproduct (MHP) plans to issue 10-year $300-350 million eurobonds, which subject to market conditions.

According to a report of the agricultural holding on the London Stock Exchange (LSE) on Tuesday, the company has announced arranging meetings with fixed income investors in connection with a potential new eurobond transaction by its wholly owned subsidiary, MHP Lux S.A.

Currently, there are three holding's eurobond issues on the market – with maturity in April 2020, a coupon rate of 8.25% per annum and a yield of 3.294% per year; with maturity in May 2024, coupon rate of 7.75% per annum and yield of 5.902% per year. The last time MHP issued eight-year $550 million eurobonds in April 2018 with a yield of 6.95% per annum.