Brief: Kernel Holding Amends And Restates Its Pre-Export Credit Facility

Kernel Holding SA

26/09/2019 08:11

Sept 26(Reuters) - KERNEL HOLDING SA  KER.WA :  
    * SAYS THE COMPANY ENTERED INTO AN AMENDMENT AND RESTATEMENT
AGREEMENT TO ITS PRE-EXPORT CREDIT FACILITY DATED 2 FEBRUARY
2018 WITH A SYNDICATE OF EUROPEAN BANKS AND EBRD
    * TOTAL AVAILABLE LIMIT UNDER AMENDED FACILITY WAS INCREASED
UP TO
US$ 300 MILLION BY ADDING ADDITIONAL TRANCHE OF US$ 200 MILLION
MATURING JUNE 30, 2021
    * PRE-EXPORT CREDIT FACILITY WILL BE USED BY THE COMPANY TO
FUND
THE WORKING CAPITAL NEEDS OF ITS GRAIN TRADING AND TRANSSHIPMENT
BUSINESS IN UKRAINE

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM5PgP6La
    
 Further company coverage:  KER.WA  
   
    
    

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