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Business    

EBRD extends $90 mil syndicated loan to grain trader Nibulon
Journal Staff Report

KIEV, July 14 - The European Bank for Reconstruction and Development (EBRD) has agreed to extend a syndicated loan of $90 million to Nibulon, EBRD Senior Advisor Anton Usov said.

"Investments will be used to finance trade and export activities and involve two stages of lending: $19 million will be provided directly by the EBRD, and $71 million will be syndicated through commercial partner banks. The deal continues successful cooperation between Nibulon and the EBRD started in 2010," Interfax-Ukraine reported citing Usov’s Facebook page.




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