Interleaseinvest

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Translated version of this PSD: Ukrainian The Bank is considering a loan to Interleaseinvest LLC to part-finance the acquisition of approximately 3,000 new freight railcars in order to meet the growing demand for the Company’s services. The transition impact of the proposed investment is expected to arise from: (i) Support of the railway sector reform via increased private sector participation and more widespread private ownership. The Bank’s support of Interleaseinvest's expansion strategy would allow it to take advantage of the opportunities presented by the growing railway transportation market in Ukraine. This in turn would expand private ownership in the railway sector in Ukraine. (ii) Fostering competition via supporting the expansion of an independent provider of rail transportation and leasing services. Interleaseinvest LLC is one of the leading privately owned providers of rail cargo transportation and freight railcar operating lease services to corporate clients in Ukraine. The Company currently owns and operates approximately 1,200 railcars and serves clients from key Ukrainian industries. The Bank’s transaction involves a senior A/B loan in the amount of up to US$ 90 million, part of which may be syndicated to commercial banks. US$ 300 million. Categorised B. The due diligence has been conducted by the Bank on the basis of the environmental and social questionnaire. The ESDD identified that operations of the Company are not associated with any significant environmental or social risks. The Company has in place occupational heath and labour and fire safety and environmental protection management system and procedures. General Director of the Company has overall responsibility for environmental, health and safety issues, while relevant plans of actions and specific job instructions are developed by the specially trained engineer responsible for the organisation of labour (ergonomics). No stand-alone Environmental and Social Action Plan is required for the Project; the Company will need to comply with the Bank Performance Requirements and submit annual environmental and social reports satisfactory to the Bank. None. Konstantin Misakov Inter Car Group Oskolskaya Street, 31 Kiev 03028, Ukraine Tel: +380 44 496 86 96 Fax: +380 44 496 33 98 Email: misakov@icg.ua