KIEV, June 3 - The International Finance Corporation will issue $80 million in financing to Galnaftogaz Concern (Lviv) to implement a development program worth $210 million in the next two years, according to an IFC report.
The IFC Board of Directors made the decision on May 31.
The funding consists of an A type loan (for the company's own accounts), a C type loan (quasi-share financing) of $15 million and $ 20million respectively, and a B type loan (syndicated with banks) of up to $45 million.
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