Prometeus Group Loan Tender

Identification Code OP180005Maturity 84 monthsOperation Status BSTDB Approved Amount 10.000.000 USD Approval Date 12 Aug 2019BSTDB Signed Amount 10.000.000 USD Signed Date 04 Feb 2020Status ActiveDescription and Purpose of the OperationA long-term loan to Prometey Group to finance the Groups corporate development program for the period 2019-2020 consisting of 1 the acquisition and reconstruction of two grain silos and 2 working capital requirements. BSTDB funds will support the development of the agriculture business and advance the export potential of the Group.Countries of Operation Ukraine 10000 Financial Product LoansSector Consumer StaplesDomain PrivateBorrowerClient Prometey Swiss SA Switzerland and Butsefal LLC UkraineGuarantorsSponsorsMaterial subsidiaries of Prometey Group 1. Prometey LLC Ukraine 2. Prometey Agri LLC Ukraine 3. GRV Group Voznesenskiy Elevator LLC Ukraine 4. Company Prometey LLC Ukraine. 5. Zernotorg LLC Ukraine. 6. Prometey-Elevator LLC Ukraine. 7. RV Capital LLC UkraineDevelopmental and Regional Cooperation ImpactThe Operation is consistent with the Banks operational priorities as outlined in the BoD approved Country Strategy for Ukraine 2015-2018 which lists agriculture as one of the priority sectors for the Banks operations in Ukraine.Environmental Classification and Impact summaryThe peration has been screened as category B. Providing support for working capital and acquisition of new grain elevators is not likely to be associated with significant ES issues. The existing risks and impacts are generally limited site specific and can be readily addressed through recognized prevention and mitigation measures widely applied in the agribusiness sector. The due diligence did not identify ES risks and impacts associated with Prometey that could result in reduction suspension or closing down of its operations or have material negative effects on the state of environmental and human health and safety.Other ownerButsefal LLCBud. 23 Kvartyra 1 Provulok NaberezhnyMisto Gaivoron 26300 Ukraine