21.02.2013

UkrSibbank arranged USD 80 Million syndicated deal in the Ukrainian agricultural sector

UkrSibbank together with three other international banks signed a syndicated deal for the total amount of USD 80 Million with the leading Ukrainian agricultural producer Kernel.

UkrSibbank together with three other international banks signed a syndicated deal for the total amount of $USD 80 Million with the leading Ukrainian agricultural producer Kernel. The deal was signed in December 2012 for 3 years with

1-year
commitment.

The credit facility will be used in Kernel’s farming segment to sow, grow, cultivate and harvest agricultural crops. This is the first

on-shore


pre-crop
financing syndicate of such scale ever organized in Ukraine. UkrSibbank considers lending to the agricultural sector as one of the key priorities.

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