Astarta 2015 Working Capital Loan

completed

The proposed investment (the “project”) is to provide a working capital line of up to US$35 million to LLC Astarta Kyiv, (“Astarta,” or the “company”) to purchase soybean stocks for further processing at its soy crushing facility during the periods when the availability of soybeans is at peak. Astarta is an integrated agricultural company, one of the leading primary agriculture producers and commodity processors in Ukraine. The company owns nine sugar plants of about 43,000 tpd processing capacity for sugar beets and annual white sugar production of on average over 400,000 tons, and cultivates 245,000 hectares of land. Astarta’s cattle and milking cow headcount was 31,000 and 15,600 respectively in 2013. The soybean crushing plant was commissioned in 2014 and has an annual crushing capacity of circa 230,000 tons per. Astarta has benefitted from the synergies between the animal husbandry and crop cultivation in feed production and manure utilization.