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EBRD may provide Ukrzaliznytsia another sovereign guaranteed EUR 200 mln loan to improve railway connectivity with EU
KYIV. Dec 14 (Interfax-Ukraine) – The European Bank for Reconstruction and Development (EBRD) is considering the possibility of providing JSC Ukrzaliznytsia with a new sovereign guaranteed credit line.
"The Bank is currently working closely with Ukrzaliznytsia on a new sovereign guaranteed loan of up to EUR 200 million to cover critical capital expenditure needed to improve railway connectivity with the European Union," the bank said.
As reported, the EBRD at the end of November 2022 provided Ukraine with more than EUR 1 billion and mobilized more than EUR 1.4 billion in donor support.
The EBRD confirmed its commitment to invest EUR 3 billion in Ukraine during 2022-2023, which is 50% more than before the war, EBRD President Odile Renault-Basso said in an interview with Interfax-Ukraine.
