Kernel Group
Ukraine | Consumer Staples- Identification Code:
- OP/19/0052
- Total Operation Cost:
- 400.000.000 USD
- Maturity:
- 24 months
- Operation Status:
-
BSTDB Approved Amount – Approval Date15.000.000 USD – 06 Aug 2019
-
BSTDB Signed Amount – Signed Date-15.000.000 USD – 12 Feb 202115.000.000 USD – 03 Sep 2019
-
Status:Cancelled
- Description and Purpose of the Operation:
- The PXF Facility is be used to finance the Group’s sunflower seeds’ purchases, their storage period and their processing period until the seeds have been processed into the commodities and exported.
- Countries of Operation:
- Ukraine (100,00%)
- Financial Product:
- Trade Finance
- Sector:
- Consumer Staples
- Domain:
- Private
- Borrower/Client:
- Inerco Trade SA, Switzerland, a Kernel Group company
- Co-Financers/Participants:
- A syndicate of banks led by the Coordinating Mandated Lead Arrangers: ING Bank NV and UniCredit Bank Austria AG.
- Guarantors/Sponsors:
- Kernel Holding SA, Luxembourg
- Developmental and Regional Cooperation Impact:
- The Operation will increase export potential of Ukraine, including growth of agricultural commodity trading within BSTDB area and beyond.
- Environmental Classification and Impact:
- Screened B+, has the potential to generate medium to high E&S risks and impacts that may propagate beyond the site boundaries, but which are largely reversible and can be addressed through relevant mitigation measures.
- Operation Leader:
- General Industries, Transport, Tourism 1
- E-mail:
- gitt1@bstdb.org
As of 28 Feb 2026
