KIEV, April 5 – Ukrlandfarming, the largest agricultural holding in Eurasia, has agreed on the restructuring of the remainder of a debt on the syndicated loan issued by Deutsche Bank and Sberbank worth over $200 million, said Chairman and 95% owner Oleh Bakhmatiuk.

He said that the agreement includes grace interest of 2.5% per annum until June 2018 and the grace period for paying the principal of the loan.

Bakhmatiuk said that the agreement was reached by Ukrlandfarming in the difficult economic conditions when the hryvnia devaluation, the loss of assets on the occupied territories of Crimea and Donbas and the closure of the Syrian and Iraqi markets due to hostilities worsened the holding's financial and industrial figures.