Analytics
October 23 – 29, 2019
  • The consolidated budget over 9m19 demonstrated an UAH8.7bln surplus (0.3% of GDP)
  • Output of key economic sectors in September grew by 4.8% YoY
  • The NBU has decreased the discount rate by 100bps to 15.5%
  • Naftogaz is planning to place an additional $500mln eurobond with a tenor of 5-7 years
  • Metinvest’s EBITDA in July doubled MoM to $121mln
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October 16 – 22, 2019
  • One of Privatbank’s nationalization lawsuits has been put on pause in local courts
  • Kernel reported 1Q20 operating results largely in line with expectations
  • MHP reported 3Q19 operating results and announced the redemption of its 2020 notes
  • Metinvest has successfully placed two additional bond issues, totaling c. $830mln
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October 9 – 15, 2019
  • Consumer inflation in September amounted to 0.7% MoM and 7.5% YoY
  • Zelensky held a 14-hour press briefing
  • Privatbank has won its appeal in London against former owners
  • Kernel has placed a $300mln 5-year eurobond at 6.625%
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October 2 – 8, 2019
  • Ukraine’s foreign currency reserves decreased by $0.6bln over September to $21.4bln
  • Zelensky took a first controversial step towards peace talks with Russia
  • Ukrainian Railway’s 1H19 EBITDA increased by 2% YoY to $274mln
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September 25 – October 1, 2019
  • Ukraine’s CA deficit in August amounted to $0.5bln
  • The consolidated budget over 8m19 demonstrated an UAH35bln surplus (1.4% of GDP)
  • The S&P has upgraded Ukraine’s IDR to ‘B’ with a stable outlook
  • Naftogaz 1H19 EBITDA decreased by 9% YoY to $2.2bln
  • Kernel Holding reported 4Q19 results and started a roadshow for a new $300-350mln eurobond issue
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