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«AgroInvest» — News — MHP received USD 250 million from IFC

MHP received USD 250 million from IFC

2014-06-25 17:16:01

According to the statement made by MHP company representative, International Finance Corporation provided Myronivskiy Hliboproduct with USD 250 million for refinancing of Eurobonds and development of the company. Agreement regarding funds to be provided was signed on June 19, 2014. The loan is expected to be provided for the period of 6 years, as mentioned in the project, accepted by company’s management earlier in May. According to data available as of today IFC had already invested USD 1 billion in agrarian sector of Ukraine. MHP will be looking into further expansion of company’s operations in 2014, yet at moderate level due to high country risks, company has to manage, while operating in Ukraine.    

UkrAgroConsult has completed review and recommendations study on investing in Ukrainian Agrarian Sector. You can follow this link to find out more about the study “How to profit from Ukraine’s agricultural sector?”. In case you are interested in state of agrarian sector within CIS region, please follow the link below to read UkrAgroConsult monthly report “Agrarian Business in Ukraine” for January 2014 (featuring Ukraine). First issue is free of charge. You can subscribe to the report to receive it on a monthly basis.

 

 

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