MHP received applications for redemption of over 60% of Eurobonds 2026
2.02.2026 - 15:01
MHP Agroholding has received applications for the redemption of Eurobonds in the amount of $330.786 million, or 60.01%.
This was reported by Interfax-Ukraine.
In connection with the successful placement of new Eurobonds with maturity in 2029 for $450 million, settlements with the owners of 2026 bonds who submitted applications for their redemption are planned for February 4.
The agroholding recalled that the tender offer for the redemption expires at 23:59 (New York time) on February 12, and the redemption of all 2026 Eurobonds that will still remain in circulation is planned for February 18. JP Morgan is the lead manager of the redemption.
The redemption price of 2026 Eurobonds, which were issued at 6.95% per annum, was set at the nominal level in the tender. MHP has placed new Eurobonds due 2029 at 10.5% per annum.
Earlier, USM reported that MHP shares rose by 10.19% after the placement of Eurobonds for $450 million.
