Ukraine's Kronospan receives EBRD-led loan, but MHP funding remains uncertain

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Ukraine's Kronospan receives EBRD-led loan, but MHP funding remains uncertain

Wood trees trunks timber for paper industry from Alamy 230x150
EGNWCP Stacked Lumber for the paper industry | Alamy Stock Photo

Ukrainian wood processor Kronospan has secured a €116m loan from the EBRD and commercial lenders. The deal adds light to a desolate market, though a loan for Ukrainian borrower MHP may be at risk due to competition concerns.

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