KYIV, Sept 5 – International Finance Corporation (IFC) from World Bank Group may grant a senior unsecured loan of up to EUR 30 million to a state-owned Ukrgasbank with an option to convert into up to 20% equity share of the bank.

According to the IFC project information portal, the tenor of the loan of up to five years with a bullet repayment.

The IFC board of directors plans to consider this project at its meeting on September 19.