| Project Detail |
Project Description The provision of an unfunded risk sharing guarantee for the Raiffeisen Bank Aval, which is organising working capital finacing of up to UAH 440 million (€ 15 million equivavlent) to Nadezhda Group, an independent Ukrainian wholesale and retail distributor of liquefied petroleum gas and petroleum products Project Objectives The Loan will allow Nadezhda Group to: 1) consolidate and optimise its debt portfolio, reduce the number of opened short-term credit lines with other commercial banks; 2) maintain current working capital debt financing level |