The telecommunication company Ukrtelecom set the interest rate for 13-16 T-bond coupons and 13-18 U- and V-bond coupons at 21% per annum, as it is said in company message, according to Finance.UA.
According to the message, Ukrtelecom set the rate for T-bonds for thirteenth-sixteenth percent periods at 21% per annum and for U- and V-bonds for thirteenth-eighteenth interest periods – at 21% per annum.
As reported, in April 2016, ECU (owns 92.79% shares of Ukrtelecom) proposed a bond interest income payment restructuring plan, amounting UAH to 4.6 bln, to lenders.
Previously Ukrtelecom extended the maturity of bonds, amounting to UAH 4.6 bln, until 2017.
92.79% of Ukrtelecom belongs to ECU, which is owned by System Capital Management.
According to unaudited data, Ukrtelecom ended 2015 with the net profit of UAH 444.7 bln, increasing the net income by 9.4%, or by UAH 583 mln, to UAH 6.773 bln versus 2014.
EBITDA 2015 (Earnings before Interest, Taxation, Depreciation & Amortisation) increased by 55.3% versus 2014 and made up UAH 1,864 mln.
In October 2013, System Capital Management (Donetsk) completed transaction on acquisition of 92.79% of Ukrtelecom shares from EPIC (Austria).
