EBRD lent USD 30 Ml to Nibulon Agro Holding

The European Bank for Reconstruction and Development (EBRD) gave a USD 30 Ml loan to Nibulon, one of Ukraine’s major agricultural holdings, said Nibulon’s General Director Alexey Vadatursky. He noted that the parties signed a corresponding agreement on Monday.

The interest rate on the loan was not disclosed. In particular, the borrowed money will be spent on developing the infrastructure for agricultural product storage and shipping by the Dnieper and on refinancing and financing the company’s working capital.

UkrAgroConsult

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