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EBRD to lend $100-mln to Novus to expand supermarket chain
Journal Staff Report

KYIV, July 24 The European Bank for Reconstruction and Development (EBRD) will grant Novus Ukraine LLC with a long-term $100 million loan for the extension of its supermarket chain and the construction of a logistics center in Kyiv.

Chief Communications Adviser for the EBRD Anton Usov told Interfax-Ukraine on Friday that the bank's board of directors has approved this decision on July 22.

The EBRD will issue $82.5 million directly, and a part of the loan may be provided by a syndicate, the bank said on its website.




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