15th Jun 2016 13:55
LONDON (Alliance News) - Ukrproduct Group Ltd, a Ukrainian producer and distributor of branded dairy foods and beverages, on Wednesday said it has made another interest payment under the terms of its loan agreement with the European Bank for Reconstruction & Development and subsequent restructuring terms.
The payment was made on Friday June 10. The loan agreement with EBRD was dated March 31, 2011.
"EBRD and the company are in the process of amending the loan agreement based on the revised terms as announced on December 15, 2015 and expect to finalise documentation shortly," Ukrproduct Group said in a statement.
Shares in Ukrproduct were untraded on Wednesday.
By Samuel Agini; [email protected]; @samuelagini
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