Original disclosure @ EBRD website
Updated in EWS Feb 17, 2023
Disclosed by Bank Feb 10, 2023
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The Project comprises financing of MHP's seasonal working capital needs for its edible oil crushing segment in Ukraine.
The main objective of the Project is to enable sufficient financing to cover the procurement and accumulation of sunflower seeds for crushing into oil for subsequent export.
The Project will increase MHP's resilience by supporting it to continue sunflower oil production, which is essential for food security.
The Project includes financing of up to USD 90 million equivalent for the EBRD's account and up to USD 10 million for the account of participants, availability of which will be subject to successful syndication.
MHP FOOD TRADING LLC
MHP Group is one of the leading grain, poultry and edible oils producers in Ukraine and Southeastern Europe. The Group operates three sunflower crushing plants in Ukraine. MHP Food Trading LLC (the "Borrower") is an MHP Group subsidiary, incorporated in the United Arab Emirates, and is the Group's trading arm for sunflower oil produced by Ukrainian companies of the Group. The Borrower will channel the Loan proceeds down to MHP's subsidiaries in Ukraine to purchase sunflower seeds for further processing into sunflower oil for export.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||MHP FOOD TRADING LLC||Client||-|
|-||-||-||-||MHP SE||Parent Company||-|
+38 050 339 2999
"MHP", 158, Ak.Zabolotnogo Str Kyiv, Ukraine, 03143
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