OREANDA-NEWS. February 27, 2013. UkrSibbank together with three other international banks signed a syndicated deal for the total amount of USD80M with the leading Ukrainian agricultural producer Kernel.

The deal was signed in December 2012 for 3 years with 1-year commitment.
 
The credit facility will be used in Kernel’s farming segment to sow, grow, cultivate and harvest agricultural crops.

This is the first on-shore pre-crop financing syndicate of such scale ever organized in Ukraine. UkrSibbank considers lending to the agricultural sector as one of the key priorities.