Kernel Group PXF Trade Finance Facility (Ukraine)

The Bank has provided USD 25 million, part of a syndicated pre-export finance facility for Kernel Group, a leading force in Ukraine’s agricultural sector and one of the world’s top sunflower oil exporters. This funding will ensure the company has the working capital needed to procure, process, store, and transport oilseeds and vegetable oils to global markets.

BSTDB’s financing is part of a USD 150 million syndicated facility arranged by ING Bank NV and Coöperatieve Rabobank UA, reinforcing international support for Ukraine’s vital agricultural exports.

BSTDB is proud to stand by Kernel during these critical times as agriculture remains a cornerstone of Ukraine’s economy, and by supporting production and exports, the Banks is not only sustaining a vital industry but also strengthening the country’s economic resilience and recovery.

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2024 10 16 Kernel