Igor Mazepa - news of businessman

Igor Mazepa

Ukrainian investment banker
CEO and Founder of Concorde Capital

Official Web-site

Attracting loans for Ukraine will be difficult without IMF assistance, Igor Mazepa comments


Investment banker Igor Mazepa, the CEO of Concorde Capital, discusses Ukraine’s remaining debt payments in 2020

Investment banker Igor Mazepa, CEO and Founder of Concorde Capital, commented Ukraine’s remaining debt payments this year.

Without securing the next IMF loan program, attracting foreign-currency lending will be difficult, not even taking account Ukraine’s solid financial position in the eyes of investors – says Igor Mazepa.

We are handling our foreign-currency debts without the IMF so far. Now let’s consider this year’s schedule – comments Igor Mazepa. Already in March, Ukraine faces its first peak payment this year on its foreign debt. About USD 400 mln needs to be returned to the IMF, and another USD 530 mln to Eurobond holders. In May, we have slated a payment of USD 1.5 bln, including USD 1 bln in Eurobonds issued under U.S. state guarantees. For September, another USD 2.3 bln is slated, including USD 1.9 bln in Eurobond payments. Peak payments on local bonds are planned for the summer – the equivalent of about USD 760 mln in July and USD 474 mln in August 2020 – summarized Igor Mazepa.