Featured Galleries USUBC COLLECTION OF OVER 160 UKRAINE HISTORIC NEWS PHOTOGRAPHS 1918-1997
Holodomor Posters
EBRD organises financing facility for Ukraine’s Nibulon
EBRD, Kyiv, Ukraine, Fri, Aug 21, 2015
Nibulon is a member of U.S.-Ukraine Business Council (USUBC)
Syndicated loan of up to US$ 130 million toboost export operations, support activity of major grain trader
----------------
The European Bank for Reconstruction and Development (EBRD) is arranginga US$ 130 million syndicated loan facility in support of Ukraine’s leadinggrain and oilseeds trader and producer Nibulon.
The loan will provide Nibulon with necessary working capital andsupport its trading activity, including export sales. The company owns and operatesone of the largest networks of grain handling and logistics infrastructure inthe country.
The facility will consist of anA-loan of up to US$ 45 million for the EBRD’s own account and a B-loan of up to US$ 90 million, which willbe syndicated to commercial banks.
By organising this loan the EBRDcontinues to support one of the key operators in agricultural commodities inUkraine with a long-term strategy to invest in grain logistics andinfrastructure. This is particularly important because of Ukraine’s aspirationsto strengthen its position as a major global grain producer and trader with apotential to export around 50 million tonnes of grain annually.
The Bank has been successfullyworking with Nibulon since 2010 and, to date, has organised financing for the groupworth almost US$ 200 million via a number of loan facilities. The two partieshave also developed a strong policy dialogue about the development of the grainsector in Ukraine.
The EBRD is the largestinternational financial investor in Ukraine. As of 1 August 2015, the Bank hada total cumulative commitment of €11 billion in 345 projects throughout thecountry.
####
The EBRD, owned by 64 countries and twointergovernmental institutions, is supporting thedevelopment of market economies and democracies. Follow us on the web, Facebook and Twitter.
