Astarta $35 million financing

28/6/2018
Financing

$ 30 million

Completed

28/6/2018


Overview:

  • Ukrainian agricultural company Astart secured $35 million in financing arranged by development bank, International Finance Corporation (IFC).
  • The facility is a working capital loan for Astrata's soybean processing business, which will enable it to buy stock during the harvest period. 
  • IFC provided $15 million of the loan and $20 million came from other investors.

Ben Naylor - Regional editor

Jurisdiction:

Ukraine

Deal type:

Financing

Practice area:

Banking

Governing laws:

England and Wales
Ukraine

Industry sector:

Agriculture


Firm:

Party: International Finance Corporation (IFC) (Lender)