Bohdan Automobile Attracts USD 90.1 mln Syndicated Loan
23 January 2008
According to Interfax, the Bohdan Automobile Plant (LUAZ: N/R) has attracted a EUR 62.5 mln (USD 90.1 mln) six-year syndicated loan. The lead managers are FMO, UniCredit Bank Ukraine and DEG. The loan will be used to purchase new equipment for the group’s Cherkasy plant. Bohdan signed the credit agreement in November 2007 and received the first tranche, EUR 46.5 mln (USD 68.1 mln) last week.
