EBRD disbursed USD 130 Ml to Ukrainian grain trader Nibulon
2014-08-21 10:34:45
The European Bank for Reconstruction and Development (EBRD) disbursed USD 130 Ml to Ukrainian grain trader Nibulon, the EBRD press service reported.
This loan will replace a previous syndicate amounting to USD 125 Ml, which was signed in 2012 and expired in June 2014.
“A number of banks, including ING and ABN Amro, have already confirmed their participation in the syndicate, manifesting continued support to the Ukrainian agricultural sector from international financing organizations,” the Bank’s representatives noted.
The EBRD disbursed USD 60 Ml on July 29 for the construction of a grain handling terminal in the Odessa sea port.
The EBRD has disbursed over EUR 9.2 Bl (USD 12.3 Bl) to Ukraine under 329 projects as of late July 2014.