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MHP SE's Recent $550 Million Eurobond Issuance

In a significant milestone for the Ukrainian corporate landscape, MHP SE has successfully completed a $550 million issuance of 10.500% notes due in 2029. This bold move, executed via its Luxembourg subsidiary MHP Lux S.A., showcases the resilience of one of Ukraine's leading food and agricultural groups amidst challenging circumstances.

The Structure of the Issuance

The issuance comprises two components: the core $450 million issued on January 28, 2026, called the Original Notes, and a subsequent $100 million referred to as the Additional Notes. The Additional Notes were issued at a premium, specifically at 104.000%, and interest will be accrued from the Original Notes' issue date.

The profits gathered from this issuance are strategically directed towards funding a tender offer and redeeming MHP Lux S.A.’s outstanding 6.95% Notes due in 2026. This strategic maneuver not only helps streamline liabilities but also conserves $100 million initially set aside from MHP’s internal cash reserves.

Demonstrating Investor Confidence

This issuance is particularly remarkable as it stands as the first Eurobond successfully launched by a Ukrainian firm since the commencement of the ongoing war. It highlights an unwavering faith from global institutional investors in MHP’s operations. MHP’s ability to attract strong demand illustrates its robust business model and trustworthy management.

MHP’s Chairman, Dr. John Rich, emphasized the importance of this step, referring to it as a reflection of the investor community’s commitment to the company’s future and the broader confidence in Ukraine's corporate sector. He noted, "This is another important milestone in MHP's financial history and reflects the trust that international investors continue to place in our business."

Financial Discipline and Operational Resilience

MHP SE’s commitment to fulfilling its obligations to bondholders on time is a testament to its financial discipline and operational resilience. In a time when many companies may falter, MHP has consistently met its financial commitments, demonstrating powerful assurance to its stakeholders.

Looking ahead, the preserved funds from this issuance combined with the surplus proceeds will be earmarked for future investments, bolstering MHP's operational capabilities and capital expenditures.

About MHP SE

MHP SE is a premier international food and agricultural firm, recognized as one of Europe’s largest poultry producers. With a vertically integrated business model, MHP covers the entire supply chain, from grain growing to poultry processing and distribution. Its products reach more than 70 nations, reinforcing its status as a global player in the food sector. This company is proudly listed on the London Stock Exchange, further solidifying its credibility within the international market.

As MHP SE continues to navigate the complexities of the current global landscape, this recent bond issuance represents not only a financial maneuver but a symbol of resilience and confidence in Ukrainian enterprise. Through strong leadership and strategic financial planning, MHP is poised to bolster its position as a world-leading food producer despite the adversities it faces.