The proposed facility is for a senior, secured IFC A loan of up to US$20 million (the “IFC Loan”) to JV LLC “Nyva Pereyaslavshchyny” (Nyva or the Company) through an allocation under the IFC COVID-19 response facility. Nyva is a leading Ukrainian pork producer. The IFC Loan will help Nyva address liquidity shortages that have emerged due to a sudden shortage of local bank financing in Ukraine. The proceeds of this facility do no change the operational footprint of the Company.
Project contacts not available at the time of disclosure.
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/