KSG Agro plans to attract EUR 18 mln project financing by end-June

French Export Credit Agency Coface decided to guarantee a deal worth EUR 17.6 mln between KSG Agro (KSG PW) and equipment supplier I-TEK, KSG Agro said last Friday. The supplier will provide equipment and reconstruction works for a pig breeding complex, equipment for straw pellet production and for an animal feed factory. KSG Agro intends to attract the loan under a guarantee by the end of June. The company also said it started the reconstruction of a pig farm (acquired in October 2011), with the first stage to be finished by the end of this year.