US-Ukraine Business Council

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May 2012
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ASTARTA signed a loan agreement with Citibank

LLC Firm Astarta-Kyiv, Kyiv, Ukraine
Thursday, January 19, 2012


On January 19th, 2012, a ceremonial event honoring the signing of a long term investment loan from Citibank to ASTARTA took place.

The five-year loan for $25 million is a part of a global lending program of Citibank and U.S. Overseas Private Investment Corporation (OPIC). ASTARTA is among first Ukrainian companies to benefit from this program.

The company will use the loan facility to modernize existing production capacities including acquisition of modern equipment and machinery.

 

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