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IFC allocated USD 12.5 mln for Niva Pereyaslavschiny
5 May 2018, 15:04
International Finance Corporation (IFC) had agreed to allocate the company Niva Pereyaslavschiny a long-term loan of USD 12.5 million, the Corporation informed.
The decision was taken by the Board of Directors on April 25. The project is currently awaiting signature.
"A long-term corporate loan is provided to finance the company's capital expansion program in 2018-2019," the message writes.
The total cost of the project is estimated at USD 35 million.
