By KYIV. Sept 1 (Interfax-Ukraine) – One of the largest Ukrainian grain market operators, Nibulon LLC (Mykolaiv), has agreed on restructuring with a six-year prolongation of a loan provided by Kredobank, the grain trader’s press service reported.
“Nibulon and “Kredobank signed a restructuring of the terms of the loan agreement. According to the agreement, the term of the loan was extended for six years with a preferential interest rate and a deferral of repayment of the principal debt,” the press service wrote on Facebook.
According to the report, Kredobank, as part of the large financial group PKO Bank Polski, is one of the first banks with foreign capital in Nibulon’s portfolio, which made a step towards the enterprise in difficult times.
“We are grateful to the bank for helping to work in the conditions of war and extending a helping hand. Nibulon appreciates your constructive approach, understanding of the emergency conditions in which Ukrainian business is currently operating and support aimed at ensuring the functioning of critical industries in Ukraine. Together we will stand and win!” financial director of the grain trader Iryna Levkovska said.
JV Nibulon LLC was established in 1991. Before the Russian military invasion, the grain trader had 27 transshipment terminals and complexes for receiving agricultural crops, a capacity for simultaneous storage of 2.25 million tonnes of agricultural products, a fleet of 83 vessels (including 23 tugboats), and also owned the Mykolaiv shipbuilding plant.
