Project Notice |
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| PNR | 70429 |
| Project Name | NAK Emergency Gas Finance (NAK III) |
| Project Detail | Up to EUR 270 million revolving credit facility to National Joint Stock Company Naftogaz of Ukraine (the Company, or NAK). The proposed transaction will support Ukraines energy security through financing of emergency gas purchases over the next two heating seasons. The loan will be backed by Ukraines sovereign guarantee. The Banks financing will be complemented by a EUR 138.4 million Norway grant through the EBRD Crisis Response Special Fund. Project Objectives The strategic importance of the transaction is driven by the energy security objective to ensure uninterrupted gas supply in Ukraine and safeguard vital access to energy for people and communities due to challenges imposed by the war on Ukraine. |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | Banking & Finance |
| Country | Ukraine , Eastern Europe |
| Project Value | UAH 270,000,000 |
Contact Information |
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| Company Name | NAFTOGAZ OF UKRAINE PJSC |