News
29.08.2011
World Bank issues additional financing worth $150m to support Ukrainian exporters
The World Bank’s Board of Executive Directors approved an Additional Financing loan to Ukraine in the amount of US$150 million for the Second Export Development Project (EDP 2), reads a posting on the Web site of the bank.
According to the report, the loan will be provided to Ukreximbank as a LIBOR-based flexible variable spread loan repayable in 30 years, including a 6-year grace period, and will be provided a state guarantee by Ukraine.
