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The IFC will invest in Myronivsky Hliboproduct

October 30, 2012
The project is to assist Myronivsky Hliboproduct, vertically integrated and the leading poultry producer in Ukraine, expand its production capacity. In line with its strategy of vertical integration, the Company plans to strengthen its grain growing segment by cultivating up to an additional 120,000 ha of land.

IFC is to provide an A Loan into the Project of up to US$50 million from its own account for working capital financing.

The project is to assist Myronivsky Hliboproduct (“MHP” or the “Company”), a vertically integrated and the leading poultry producer in Ukraine, expand its production capacity. In line with its strategy of vertical integration, the Company plans to strengthen its grain growing segment by cultivating up to an additional 120,000 ha of land.

Projected board date December 7, 2012