The U.S. International Development Finance Corporation, formerly known as OPIC, will provide $89 million in loans and political risk insurance for two American companies operating in Ukraine

The U.S. International Development Finance Corporation, formerly known as OPIC, will provide $89 million in loans and political risk insurance for two American companies operating in Ukraine, one in gas and the other in hotels. Energy Resources of Ukraine Trading, a private gas trading company known as ERU, will receive $62 million in risk insurance. In 2017, the original Overseas Private Investment Corporation provided $38 million in risk insurance to ERU. Now totaling $100 million, the insurance is for 20 years.