Project to finance working capital needs,support operations in Ukraine

The European Bank for Reconstruction andDevelopment (EBRD) continues supporting its key corporate clients by offeringthem working capital loans under the €150million Ukrainian Corporate Support Facility approved in spring of 2014.

The latestproject under this framework facility will provide a loan of US$ 25 million to Ukraine’s leadinggrain producer, logistic operator and exporter Nibulon. Theloan will allow Nibulon to secure sufficient financingto support its operations at the time when availability of externalfunding to businesses is significantly reduced. This deal follows a syndicatedfacility of US$ 130million to Nibulon successfully organised by the EBRD earlier this year.

The Bank iscontinuing to pledge more resources to support the agribusiness sector, a keygrowth driver of the Ukrainian economy. Since thebeginning of the year the Bank has already committed over € 283 million to 135agribusiness projects. 

The EBRD is thelargest financial investor in Ukraine. As of November 2014 the Bank hadcommitted €9.9 billion (US$ 12.4 billion) through 339 projects in the country. 

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The EBRD, ownedby 64 countries and two intergovernmental institutions, is supporting the development of market economies
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