Prometey group $10 million Mykolaiv silo acquisition financing

19/3/2020
Acquisition finance

$ 10 million

Completed

19/3/2020


Overview:

  • Prometey group, a Ukrainian grain processing company, has acquired a new silo in the Mykolaiv region of Ukraine.
  • Black Sea Trade and Development Bank financed the acquisition as part of its $10 million secured loan to both Prometey and Butsefal.
  • The remaining proceeds are for other silo acquisitions and general corporate purposes.

Natasha Forrest - Researcher

Jurisdiction:

Ukraine

Deal type:

Acquisition finance

Practice area:

Banking and finance

Industry sectors:

Agriculture
Logistics


Firm:

Party: Black Sea Trade and Development Bank (Lender)