Ukraine metro rolls on with development bank loan

Ukraine has signed a €152m ($187m) 15 year loan from multilateral banks to develop the Dnipropetrovskiy Metropolitan metro line in the southeast of the country.

  • 30 Jul 2012

The European Bank for Reconstruction and Development (EBRD) has committed the funds, while the European Investment Bank is in discussions to co-finance half of the deal.

Ukraine is paying 100bp over Euribor for the facility. This is the standard price for a sovereign loan from the EBRD, said ...

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