Mriya Agro Holding announces has received an offer from “a reputable foreign strategic investor with a successful operational track record in Ukraine”

Mriya Agro Holding announces has received an offer from “a reputable foreign strategic investor with a successful operational track record in Ukraine” to acquire its entire business and assets. The offer implies that holders of restructured debt would receive 50 to 60 cents on the dollar. With a land bank of 165,000 hectares, Mriya collapsed in fall 2014 under the burden of $1 billion in debt. For the sale, Mriya has Rothschild as the sole financial advisor, and Hogan Lovells as legal advisor.