Astarta FMO loan

completed

The Project will support LLC Astarta-Kyiv (the “Company” or “Astarta”), a leading primary agriculture producer in Ukraine with approximately 250,000 ha of land under cultivation. Astarta’s principal activities include (i) production of sugar beet and high quality white sugar, (ii) production of other crops including wheat, barley, corn, sunflower, and soya, (iii) soybean processing, and (iv) cattle farming. The Company owns and operates 9 sugar plants, soybean processing plant, bioenergy complex, and chain of grain silos and supporting infrastructure facilities in 4 operational regions in Ukraine.The Project will help Astarta finance its general working capital needs and purchase crops from local farmers during the harvest season, when the availability of crops is at peak and the prices are normally the lowest, thus allowing the Company to achieve sustainable supply raw material for processing and limit its margin volatility.