The Anti-Monopoly Committee of Ukraine decided to endorse the filing from Sberbank upon obtaining property located in Kyiv where there is situated a shopping and recreation center Magelan. The final beneficiary of the property is Krai Property. According to the court decisions register, Krai Property opened a line of credit worth USD 51mln along with a revolving credit line from Sberbank back in September 2011. The collateral for the facility served SEC Magelan with a total area of 28 500 square meters. The estimated worth of which amounted to UAH 461mln at the time of the deal making. Krai Property is a subsidiary of group of companies Krai associated with Anatoliy Yurkevych, the owner of Milkiland. Krai is engaged in retail and wholesale businesses, as well as development of commercial property.
Ukraine agrees debt restructuring worth $11bn
