Credit Dnipro Bank co-sponsored issue of Kyiv City Council municipal bonds
07 December 2020
JSC Bank Credit Dnipro together with state-owned JSC Oschadbank and JSC Ukreximbank became a co-underwriter of the issue of domestic local bonds of Kyiv City Council series I, J, K, L, registered by the National Commission on Securities and Stock Market. The issue of domestic local bonds is carried out in accordance with the decision of the XI session of the Kyiv City Council of the VIII convocation of September 3, 2020 № 439/9518 "On borrowing".
"This is an important step that expands the possibilities of organizing capital investments and implementing investment projects," said Sergey Panov, Chairman of the Board.
The placement of bonds by public offering will take place at PFTS Stock Exchange JSC: for series I, J - from December 3, 2020 to December 4, 2020; for series K, L - from December 17, 2020 to December 18, 2020. JSB Ukrgasbank was chosen as the organizer and underwriter of the bond issue.
Credit Dnipro Bank is one of the TOP-20 financial institutions in Ukraine in terms of gross assets and according to the classification of the National Bank of Ukraine is in the group of banks with private capital. As of November 1, 2020, the bank's assets amount to UAH 10,955 million, the authorized capital is UAH 1,280 million.