KIEV March 9 - The International Finance Corporation (IFC) from the World Bank Group could provide EUR 20 million from its own account and up to EUR 20 million of a syndicated or mobilized financing to public joint-stock company Ukrplastic (Kyiv).

The project is intended to expand and modernize the group’s operating capacities as well as strengthen its balance sheet through re-profiling of its debt portfolio, IFC said on its website.

The IFC Board will discuss the project on May 12, 2017.