Business news from Ukraine

CARGILL TO GIVE EUR 250 MLN LOAN TO UKRAINE

18 August , 2020  

Ukraine will attract a loan from Cargill Financial Services International, Inc. in euros in the amount of up to EUR 250 million, the loans will bear interest at a rate of 5.95% per annum for contracts with maturity in three years and 6.85% for contracts with maturity in five years.
According to resolution No. 717 of the Cabinet of Ministers dated August 17, posted on the government portal, interest income will be paid on a quarterly basis.
The document notes that state external borrowings are carried out within the framework of the law on the national budget for 2020.

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