Ukraine. Oschadbank opened USD 66 Ml loan facilities for ViOil Company

04.01.2018

ViOil Company has signed agreements with Oschadbank for providing two long-term loan facilities with a total limit of USD 66 Ml for five and three years, respectively.

According to the company’s report, the above loan facilities will be used for refinancing its current debt and financing its working capital.

The signed agreement with Oschadbank is another ambitious project implemented by the ViOil team in 2017. It provided the Group with credit resources in the medium term and completed the optimization of its loan portfolio.

As a reminder, in December 2017, ViOil signed an agreement with a syndicate of European banks on the allocation of a USD 80 Ml pre-export loan facility, reports UkrAgroConsult.

 

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