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RLF - Kyiv Emergency Liquidity

Sector: Government • Location: Ukraine

Source: European Bank for Reconstruction and Development (EBRD)

Project
Disbursing

A senior loan of up to EUR 50 million, to provide emergency support to the City of Kyiv (the "City") via liquidity financing to its key municipal utility, to mitigate the effect of the ongoing war and to ensure uninterrupted provision of critical municipal services to the City's residents, internally displaced persons ("IDPs") and enterprises (the "Project"). The recipient of the liquidity support

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Project Information

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The project “RLF - Kyiv Emergency Liquidity” is an infrastructure initiative in the Government 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

disbursing

Taiyo status

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Description

Description

A senior loan of up to EUR 50 million, to provide emergency support to the City of Kyiv (the "City") via liquidity financing to its key municipal utility, to mitigate the effect of the ongoing war and to ensure uninterrupted provision of critical municipal services to the City's residents, internally displaced persons ("IDPs") and enterprises (the "Project"). The recipient of the liquidity support from the City is Communal Enterprise "Kyivteploenergo" (the "Recipient" or "KTE"), a municipal district heating company, an existing client of the Bank. Given war- related risks, the loan will benefit from a partial first loss risk cover by the EU Ukraine Investment Framework Municipal Infrastructure and Industrial Resilience ("EU UIF MIIR") Programme.

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Original Currency

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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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