IFC allocated USD 12.5 mln for Niva Pereyaslavschiny

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.