07.2010
Press release VAT bonds
The Ministry of Finance has initiated the placement of VAT bonds which issue is realized in terms of settlement of overstanding government debt for VAT refunds.
The maturity of VAT bonds is 5 years, semiannual interest is 5.5 %, 10% of nominal value of bonds will be settled semiannually, together with the warrant. The duration of bonds is expected to be around two and half years and there are no limitations for circulation on the secondary market.
Grant Thornton Ukraine can guarantee the VAT bonds sale to its clients under the most favorable conditions. Our company has an extensive network of connections with major investment banks and funds which are interested in purchasing VAT bonds.
Our partners are ready to purchase bonds at the amount of more than 100 mln USD, partly, or forming a block of securities, the size of which impacts the amount of the proposed discount.
Grant Thornton Ukraine offers a range of services on VAT bonds realization:
- consolidation of securities of different companies and one package sale coordination;
- performing analysis of the current market situation, preparation of deal justification on offered terms;
- searching for the most favorable option in VAT bonds sale among partners of Grant Thornton Ukraine (international banks, investment funds);
- legal and documentary support of the deal.
Our advisory services on VAT bonds sale focus on determination of the optimal size of the bonds block and their consolidation if necessary. We will also provide you with legal support and carry out negotiations with investment banks and funds.
Our contact information:
Anna Gurghii
agurghii@gtukraine.com
Tel: +380 (44) 230-47-78(80)
Mob: +380 (50) 355-45-43
