KIEV, Jan. 11 – The International Finance Corporation (IFC) on January 9 approved the provision of a $37 million loan to M.V. Cargo LLC to build a grain export terminal at the Yuzhny maritime merchandise port (Odessa region).

According to a report on the IFC's website, the agreement is pending signing.

As reported, the European Bank for Reconstruction and Development (EBRD) will participate in the deal as a parallel creditor with the $37 million loan as well.