November 21, 2014 | Cbonds
|IMC has attracted a loan in the amount of USD 10 mln. under the program of the International Bank for Reconstruction and Development (IBRD, a member of the World Bank Group), aimed at exports development.|
Attracted loan will be used to refinance the existing debt of IMC. "The loan, received under the program of IBRD, allows IMC to reduce the cost of existing debt and extend the maturity of the debt. Debt reduction and refinancing of the current debt are the priorities for IMC in the current and next year ", - said Alex Lissitsa, CEO of IMC.
Company: Industrial Milk Company
|Full company name||Industrial Milk Company|
|Country of risk||Ukraine|