KYIV, Oct 19 – The International Finance Corporation (IFC) of the World Bank Group has approved the allocation of a $100 million loan to the Ukrainian agricultural holding MHP, the largest chicken producer in Ukraine, to refinance $500 million eurobonds due in May 2024.

"The proposed IFC investment is $130 million financing package to MHP SE and its subsidiaries (collectively, MHP or the company) to support the company’s plans to refinance its $500 million notes due in May 2024, and upgrade and expand its agricultural waste-to-energy (WTE) plant in Vinnytsia region of Ukraine in order to increase biomethane production (the project)," the IFC said on its website.