Kernel opened a loan facility amounting to $200 million

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On October 16, 2017, Kernel, one of the Ukrainian largest agricultural groups, agreed on a loan facility amounting to $200 million with a group of European banks.

The company announced at the Warsaw Stock Exchange website about a three-year renewable loan facility used for financing the floating capital in sunflower oil production in Ukraine (Interfax Ukraine).

The company intends to invest $130 million in oil processing plant construction in Khmelnitskiy Region till 2020.

Source: Interfax – Ukraina ( translated from Ukrainian language)