Ukrposhta Logistics Development

repaying

The provision of a senior sovereign-guaranteed loan of up to €63 million to Ukrposhta JSC, the national postal operator of Ukraine, consisting of three tranches: i Tranche 1 of up to €23 million for the acquisition and equipping of postal vans to be deployed in rural areas ("Mobile Post Offices") ii Tranche 2 of up to €30 million for the development of modern automated sorting hubs in the regional centres and an associated network of regional sorting depots, aquisition of e-bikes and trucks for the Company's operating fleet. iii Tranche 3 of up EUR 10 million for the acquisition and equipping of additional postal vans to complete the program of Mobile Post Office deployment in rural areas across the country, as well as investments in universal mobile devices and Front Office Digitalisation component (IT systems for mobile post office).