By KYIV. Jan 2 (Interfax-Ukraine) – Citibank N.A. (the London branch) acted as the organizer and initial lender of a loan to Ukraine in the amount of up to EUR 30.795 million, the obligations under which are guaranteed by the UK Export Finance Agency, and the funds will be used to pay up to 97% of the price of contracts for the overhaul of bridges in Kyiv region.
According to Cabinet resolution No. 1446 of December 23, the loan is attracted for 12 years with a grace period for deferring loan repayment for a period of 30 months at a rate of six-month EURIBOR + 0.45% per annum with interest paid semi-annually.
The loan can also be used to pay a risk premium to the UK Export Finance Agency, accrued in accordance with the terms of the Organization for Economic Co-operation and Development, the document states.
According to the document, the matter concerns an overpass at 54+863 km of road T-10-19 Fenevychi-Borodianka-Makariv-Byshev; bridges over the Trubezh River at 22+830 km of H-07 road Kyiv-Sumy-Yunakivka, across the canal at 29+110 km of R-69 road Kyiv-Vyshgorod-Desna-Chernihiv; bridges over the Zhereva River at 18+826 km and the Teterev River at 37+210 km of T-10-05 Ivankiv road, as well as a land bridge at 5+170 km of T-10-07 Obukhovychi-Stavrivka road.
