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RLF - Dnipro Emergency Liquidity II

Sector: Mass Transit • Location: Ukraine

Source: European Bank for Reconstruction and Development (EBRD)

Project
Approved

A senior loan of up to EUR 25 million, to provide emergency liquidity support to the City of Dnipro (the "City") and its key municipal operators, to mitigate the effect of the ongoing war on the City's financial position and on its resident population (the "Project"). The expected recipients of liquidity support from the City are: (i) CE "Dniprovskiy Electrotransport", existing client under UPTF:

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Project Information

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The project “RLF - Dnipro Emergency Liquidity II” is an infrastructure initiative in the Mass Transit sector, located in Ukraine. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Status

Original status

approved

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Description

Description

A senior loan of up to EUR 25 million, to provide emergency liquidity support to the City of Dnipro (the "City") and its key municipal operators, to mitigate the effect of the ongoing war on the City's financial position and on its resident population (the "Project"). The expected recipients of liquidity support from the City are: (i) CE "Dniprovskiy Electrotransport", existing client under UPTF: Dnipro Trolleybus and (ii) CE "Dniprovodokanal", a municipal water and wastewater utility (the "Recipients"). In the current war environment, the Bank also intends to use the EU Ukraine Investment Framework (UIF) guarantee, to cover 27% (net EU cover) of the proposed loan, structured on a First Loss Risk Cover ("FLRC") basis with EBRD's financing.

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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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