INTEGRITES has advised Nibulon on reprofiling of $80 million pre-export credit facility (PXF) extended by a syndicate of banks, including ING Bank NV (the Netherlands), Crédit Agricole CIB, the European Bank for Reconstruction and Development (EBRD), and FMO, Dutch entrepreneurial development bank.
Nibulon is a leading company in Ukrainian grain exports, the largest operator of elevators and one of the biggest agricultural producers in Ukraine, with a land reserve of over 76,000 hectares. The company continuously invests in logistics infrastructure to connect local agricultural producers with the global market.
Partner Igor Krasovskiy comments: “We are delighted to have completed this important transaction for Nibulon within a very ambitious timeline. Not only brings it the company closer to the complete recovery from a devastating impact of Russia's war against Ukraine, but it also benefits hundreds of small and mid-sized Ukrainian farmers which are now able to sell their agricultural products to the company.”
The INTEGRITES team was led by Partner Igor Krasovskiy with assistance from Senior Associate Yuriy Korchev and Junior Associate Artem Suchenko.