EBRD agrees €50m loan to boost Ukrainian grain exporter Nibulon Group

The European Bank for Reconstruction and Development has agreed a €50 million loan to Nibulon Group, one of Ukraine's largest grain exporters, to help improve logistical solutions, increase the firm's volumes of cargo transported on inland waterways by up to 4 million tonnes a year, and increase its grain exports by up to 8 million tonnes a year. The financing will be structured as an A-loan of up to $40 million for the EBRD's own account and a B-loan of up to $10 million, which will be syndicated to commercial banks.