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Ukrgasbank Support

Sector: Raw Materials • Location: Ukraine

Source: International Finance Corporation (IFC)

Project
Active

The proposed project consists of a senior unsecured loan of up to EUR30 million to a state owned PUBLIC JOINT STOCK COMPANY JOINT STOCK BANK UKRGASBANK (JSB UKRGASBANK, UGB or the Bank), with an option to convert into up to 20 percent equity share of UGB to finance eligible Energy Efficiency / Renewable energy projects in Ukraine, including to SMEs. The tenor of the loan of up to five years with a

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The project “Ukrgasbank Support” is an infrastructure initiative in the Raw Materials sector, located in Ukraine. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Status

Original status

active

Taiyo status

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Contact

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Email

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Address

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Description

Description

The proposed project consists of a senior unsecured loan of up to EUR30 million to a state owned PUBLIC JOINT STOCK COMPANY JOINT STOCK BANK UKRGASBANK (JSB UKRGASBANK, UGB or the Bank), with an option to convert into up to 20 percent equity share of UGB to finance eligible Energy Efficiency / Renewable energy projects in Ukraine, including to SMEs. The tenor of the loan of up to five years with a bullet repayment. The option to convert the loan into UGB’s equity will be at IFC’s full discretion. 

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Original Currency

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Original budget

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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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Article Published Date

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