Ukraine. EBRD granting a USD 50 Ml loan to Ukraine’s agricultural Kernel Group
2014-10-23 10:39:39
The European Bank for Reconstruction and Development (EBRD) is granting a USD 50 Ml loan to the Ukrainian agricultural group Kernel Ukraine, the Bank’s press service reports.
The money shall be disbursed within the framework of a USD 230 Ml syndicated loan facility, arranged by Natixis, the international corporate, investment management and financial services arm of Group BPCE.
The loan will support Kernel’s working capital needs associated with the procurement of grain in Ukraine and its subsequent storage, transportation and trans-shipment.