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Home > ING Bank Signed a USD 80 Million Syndicated Loan Agreement with NIBULON
UAC News [1]
13.07.2018

ING Bank Signed a USD 80 Million Syndicated Loan Agreement with NIBULON

13.07.2018

The facility will be used to finance the Company’s working capital needs associated with purchase of commodities in Ukraine and exports to the global market.

ING Bank N.V. (ING), as a Mandated Lead Arranger and Bookrunner (also acting as Documentation, Security and Facility Agent), and a syndicate of European commercial banks and EBRD signed an agreement on providing a USD 80 million syndicated term loan facility for NIBULON (the “Company”). The facility will be used to finance the Company’s working capital needs associated with purchase of commodities in Ukraine and exports to the global market. The facility tenor is agreed to 3 years now, which caters perfectly to the Company’s need in having secured access to long term liquidity, on one hand, and proves strong appetite from international banks to NIBULON.

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Source URL: https://agroconf.org/en/content/ing-bank-signed-usd-80-million-syndicated-loan-agreement-nibulon

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[1] https://agroconf.org/en/category/news-rubrics/news/uac-news