LONDON, Jan 22 (Reuters) - Ukraine's international bonds

extended their rally to 3 cents on Thursday after meetings in

Davos sparked a fresh bout ‌of optimism for progress in ending

the country's nearly four-year-old war with ​Russia.

Ukrainian President Volodymyr Zelenskiy and U.S. President

Donald Trump each ‍praised the outcome of their hour-long meeting

on ⁠the sidelines ⁠of the World Economic Forum in Davos,

Switzerland, with Trump sending a message ‌that "the war has to

end."

The growth-sensitive ​2035 and 2036 maturities made their

biggest gains since August, jumping just over 3 cents ⁠to bid at

around 55.50 cents ‍on ​the dollar, Tradeweb data showed.

After addressing the Davos forum, Zelenskiy said Ukrainian and

Russian teams will have their ‍first trilateral meeting with U.S.

officials in the United Arab Emirates on Friday and Saturday.

Trump said a deal was "reasonably close." U.S. envoy Steve

Witkoff is heading to Moscow to meet with President Vladimir

Putin later in the ​day.

Separately, ‍Ukrainian chicken and grains processor MHP, a

top food producer in the country, said it had priced ​a $450

million international bond maturing in 2029 with a yield of

10.5% as part of a refinancing transaction.

The move is the first corporate international bond sale

since Russia's full-scale invasion of Ukraine in February

2022.

"MHP has reopened the market for Ukrainian corporates, and

we ​expect select others will have an opportunity to follow,"

Gavriel Shaya, CEEMEA Bond Syndicate banker at JPMorgan, told

Reuters.