UkrSibbank has been one of the most actively engaged underwriters of bond issues on the Ukrainian market over the last 8 years. It acts as an underwriter, issuer and market-maker offering its clients a wide range of services to include:
• Bonds loan structuring
• Registration of bonds issue with governmental agencies
• Bonds placement
• Analytical data (memos etc.)
• Maintenance of bonds circulation on secondary market
• Debt restructuring
• Other services.
In 2008 the Bank participated in 10 bond issues totaling UAH 1.38 billion, including those of:
• CJSC “Centravis Production Ukraine”
• Golden Gates Corporation
• CJSC “Konti Production Union”
• CJSC “FUIB”
• CJSC “Furshet”
• Production and trade company “Agromat Ltd.”
UkrSibbank clients are represented by large Ukrainian companies that are front-runners in their sectors. As of the end of 2008 UkrSibbank ran nearly 80 debenture issues overtopping UAH 7.8 bn.
UkrSibbank clients also include such leaders of the Ukrainian economy as ProCreditBank (3 issues), State International Airport “Boryspil” (3 issues), “Myronivskyi Khlibprodukt” Group, one of the largest retail chains “Furshet”, front-runners of the Ukrainian confectionary CJSC “Konti Production Union” (3 issues) and CJSC “AVK”, leading representative of agricultural sector “Kernel Ltd.”, Production and Trade Company “Agromat Ltd.” etc.
UkrSibbank has also acted as an underwriter of bond issues of the city councils of the largest Ukrainian cities to include Kyiv, Kharkiv, Odesa, Donetsk and Zaporizhzhya and keeps servicing them.
Therefore, the Bank has extensive experience in cooperating with issuing companies representing different economy sectors and ownership, and has developed numerous contacts with resident and non-resident investors.
In only a couple of years UkrSibbank has proved to be one of the largest market players on the Ukrainian debenture market. It was ranked second in Cbonds underwriters rating 2007 (Russia) and third among organizers on the Ukrainian bond market, servicing the largest number of issuers and having placed the largest number of issues for them.