SFGCU paid off USD 100 mln on the Chinese Eximbank loan
The State Food and Grain Corporation of Ukraine (SFGCU) paid off USD 115.9 mln on the loan issued by the Export-Import Bank of China (China Exim) on Jan.17, 2020.
The Corporation repaid USD 75 mln of principal and USD 40.9 mln of interest.
The USD 1.5 bln loan agreement between the SFGCU and China Exim was signed in 2012 and it is effective until 2027. The loan rate is Libor USD 6m +4.5% and provides for interest payment every 6 months, and starting from 2018, the principal.
Previously reported that Bogdan Kostetsky was appointed Deputy Chairman of the SFGCU.
Read also
Ukraine increased exports of sunflower oil in April
Zimbabwe needs 1.1 mln tons of grain for drought relief
Poland does not support the idea of building a 1520 mm gauge to Gdansk
Couldn’t attend BLACK SEA GRAIN.KYIV? Catch up with the insights – get the e...
Corn is the leader among all export commodities of Ukraine
Write to us
Our manager will contact you soon