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Kernel – pre-export financing

02 March 2011

Unlocking Ukraine’s softs potential

MLAs: ING, UniCredit (HVB) and UniCredit Ukraine Transaction
Borrower: Kernel Trade LLC
Amount: $360 million
Tenor: 3 years with annual extension possible
Lawyers: Allen & Overy

This was an efficient, and successful structured agri transaction in Ukraine that could pave the way for further deals in the region. Bookrunners ING, UniCredit (HVB) and its affiliate UniCredit Ukraine transaction signed a $360 million pre-export finance facility for Kernel Trade, a fully owned subsidiary of Kernel Holding.

Kernel Holding (Kernel) is an integrated WC and sunflower oil and agribusiness company with production assets located in the...


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