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GEFF Uzbekistan - Ipak Yuli Bank loan II

Sector: Residential • Location: Uzbekistan

Source: European Bank for Reconstruction and Development (EBRD)

Project
Repaying

A senior loan of up to USD 6 million equivalent to Ipak Yuli Bank in Uzbekistan. The loan will be provided under the Green Economy Financing Facility Uzbekistan ("GEFF Uzbekistan"). The proceeds of the loan will be on-lent to eligible Sub-borrowers implementing qualifying Sub-projects in line with the technical and financial eligibility criteria; Sub-borrowers will be entitled for Investment incen

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Project Information

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The project “GEFF Uzbekistan - Ipak Yuli Bank loan II” is an infrastructure initiative in the Residential sector, located in Uzbekistan. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Status

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repaying

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Description

Description

A senior loan of up to USD 6 million equivalent to Ipak Yuli Bank in Uzbekistan. The loan will be provided under the Green Economy Financing Facility Uzbekistan ("GEFF Uzbekistan"). The proceeds of the loan will be on-lent to eligible Sub-borrowers implementing qualifying Sub-projects in line with the technical and financial eligibility criteria; Sub-borrowers will be entitled for Investment incentives according to the eligibility criteria. The loan will be offered in the local currency in two equal tranches of USD 3m equivalent each. Tranche 1 will be committed upon signing the loan agreement; Tranche 2 will be uncommitted and may become available at the sole discretion of the EBRD. Each tranche will have a tenor of three years, and will be disbursed in the UZS equivalents of the USD amounts calculated at or around the time of the relevant disbursements.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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