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City of Odessa mulls Eurobond issue first time after default
Journal Staff Report

KIEV, May 30 - Odessa, the third largest city in Ukraine, plans to issue a debut Eurobond issue amounting to UAH 335 million (about $66 million) at the end of June, Hennadi Nechayivsky, head of the securities department at the Odessa City Council, said at a press conference Wednesday.
???All the Finance Ministry permissions have been received and talks are underway with interested banking structures. I would like to believe that by the end of June we will have international borrowing.

This would be the first issue of Eurobonds following Odessa??™s default on a domestic bond issue 10 years ago that had reduced appetite for the city??™s papers for many years, analysts said.




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