BRUSSELS, June 10 The European Commission raised
500 million euros ($680.75 million) to help Ukraine on Tuesday
by tapping an existing 10-year bond.
Operating on behalf of the European Union, the Commission
tapped a 2.6-billion-euro 10-year bond issued in April, raising
the total value of the bond to 3.2 billion euros. An initial tap
of 100 million euros was made in May.
The proceeds will be used to provide macro-financial
assistance to Ukraine, with the payment to be made on June 17.
The new tranche, which was sold via lead managers Deutsche
Bank, JP Morgan, Landesbank Baden-Wurttemberg and Societe
Generale CIB, had an issue price of 102.976 and yields 1.545
($1 = 0.7345 Euros)
(Reporting by Barbara Lewis)