IMCOMPANY (IMC): ENTERING INTO THE LOAN AGREEMENT WITH THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT (EBRD) - raport 6
Raport ESPI
UNI - EN REPORT No6/2016
The Board of Directors of Industrial Milk Company S.A. (hereinafter the Company) informs that Subsidiaries of the Company (CHERNIHIV INDUSTRIAL MILK COMPANY, LTD and BURAT-AGRO LLC) have entered into the Loan Agreement with the European Bank for Reconstruction and Development (hereinafter the EBRD).
According to the above mentioned Loan Agreement the EBRD provides a US $20 million loan to finance working capital needs of the Company’s farming operations in Ukraine.