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Ukraine cancels $2 billion 5-year Eurobond issue for Russia

Source: Reuters - Fri, 21 Feb 2014 08:21 GMT
Author: Reuters
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KIEV, Feb 21 (Reuters) - Ukraine has cancelled its planned issue of 5-year Eurobonds worth $2 billion, the Ukrainian finance ministry said on Friday in a statement to the Irish Stock Exchange.

Ukraine had hoped the $2 billion would be bought by Russia to help the former Soviet state stave off bankruptcy. (reporting by Oksana Kobzeva and Natalia Zinets, writing by Elizabeth Piper, editing by Steve Gutterman)

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