The EBRD is also lending $57 million to the Kernel Group to improve the storage, transportation and export of agricultural commodities

Tuesday, April 20, 2021

, the bank reported in a press release. The loan is part of a $200 million syndication arranged by French investment bank Natixis for Kernel, the world’s leading producer and exporter of sunflower oil. The EBRD announced: “The new financing will help the group enter the new harvest season with sufficient working capital to buy crops and prepare them for export, making full use of its newly expanded infrastructure.”

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