Pivdenny invests up to UAH 50 million in corporate bonds of Nova Poshta

In March 2023, Pivdenny Joint-Stock Bank acquired corporate bonds of its new client – Nova Poshta.

The Nova Poshta group of companies is the undisputed leader in the logistics and express delivery segment, which is actively developing not only domestically but also on the European market.

Nova Poshta is issuing corporate bonds for the third time, but this issue is the largest non-public fundraising that takes place through direct negotiations with investors. The group plans to use these funds to expand the logistics network.

Pivdenny Bank has made a decision regarding the total volume of financing of Nova Poshta in the amount of UAH 100 million, including up to UAH 50 million – the limit for the purchase of bonds, while a loan will be issued for the remainder of the limit.

For almost 30 years, Pivdenny Bank has specialized in financing large businesses and conducted extensive industry examination, so cooperation with Nova Poshta became another important project of financing and development of Ukrainian business during the war.