Kernel took a $170 Ml syndicated loan
2013-03-07 10:04:41
Kernel-Trade, part of Andriy Verevsky’s Agro Holding Kernel Group, has taken a syndicated loan amounting to $170 Ml. The money is provided by Russia’s Alfa-Bank and its Ukrainian subsidiary Alfa-Bank (Ukraine), the latter reports. The loan with a limit of $170 Ml, of which $100 Ml was given for 5 years, is aimed at financing both investment and current operations of the holding. The bank gave no more details about the loan’s parameters.