Kernel to place corporate Eurobonds for its oil crushing plant worth USD 130mln

Kernel to place corporate Eurobonds for its oil crushing plant worth USD 130mln

The facility will be erected in Khmelnytsk region of Ukraine by mid-2020

The world leading producer of sunflower oil Kernel agro-holding revealed its plans to build USD 130mln worth crushing oil plant in Starokonstantyniv region of Khmelnytsk region in Ukraine. The projected capacity of the plant will be 1mln tons of sunflower seeds a year. The project will be carried out at the elevator facilities of Kernel in Kmelnytsk region. The financing of the projects will be organized via Eurobonds placements. The memorandum on construction of the plant was signed with the regional state administration on October 11, 2017, according to the press release of Kernel.

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