KIEV, April 29 – Mironivsky Hliboproduct (MHP) agroholding has repaid $234 million on its loan participation notes maturing in 2015.

"10.25% Senior Notes due 29 April 2015 in amount of $234 million are paid using syndicated loan facility of IFC (International Finance Corporation), a member of World Bank Group, which provided MHP with $200 million ($175 million from IFC and $25 million from ING), and the company's cash from operations," MHP announced in a statement published by the London Stock Exchange.

"We are happy to have a long-standing relationship with IFC and ING, which continue to support and strengthen our company. This latest transaction enabled us to continue implementing our strategy, to prove to our stakeholders that MHP is a long-term reliable partner, who always meets its obligations despite challenging time in Ukraine," MHP Chief Executive Officer Yuriy Kosyuk said.