KERNEL (KER): KERNEL EXTENDED US$ 200 MILLION PRE-EXPORT CREDIT FACILITY - raport 18
Raport ESPI
UNI - EN REPORT No
18
/
2018
UNI - EN REPORT No18/2018
Kernel Holding S.A. (herein “the Company”) is pleased to announce that as of 22 October 2018, the Company entered into an amendment and restatement agreement to its US$ 200 million pre-export credit facility dated 16 October 2017 with a syndicate of European banks. The tenor of facility was extended until 31 August 2021 and additional short-term tranche of US$ 90 million maturing in August 2019 was added to facility. Pre-export credit facility will be used by the Company to fund the working capital needs of its sunflower oil production business in Ukraine.
