The return of debts to Mriya creditors will improve the investment climate in Ukraine — Lozhkin

Photo by: Latifundist.com

The return of debts to the creditors of agricultural holding Mriya will improve the investment climate in Ukraine.

This opinion was expressed by Boris Lozhkyin, Head of the National Council for Investment, writes Business NV.

According to him, the ability of creditors to recover debts and deposits is one of the main foundations of the financial market development and attraction of debt capital to finance investment projects in the country.

"The success of both credit transactions and corporate bonds, which are a popular form of raising finance, depends on the possibility of the creditors to efficiently protect their rights including the court cases. The fair court judgement in this case will give a positive signal to all corporate bond holders of Ukrainian companies and enhance the investment attractiveness of Ukraine in general", said Boris Lozhkin.

We would like to remind that on December 16, Ternopil Economic Court will consider the claim of the trust company BNY Mellon Corporate Trustee Services Limited regarding the recognition of the debt of 68 companies that make up Mriya Holding in Ukraine.