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Home | Projects | Novopecherska School

Novopecherska School

Ukraine | Consumer Discretionary
Identification Code:
OP/19/0057
Total Operation Cost:
20.000.000 EUR
Maturity:
108 months
Operation Status:
BSTDB Approved Amount – Approval Date
10.000.000 EUR – 17 Jun 2020
BSTDB Signed Amount – Signed Date
10.000.000 EUR – 04 Dec 2020
Status:
Completed
Description and Purpose of the Operation:
Long-term corporate loan for the purposes of financing costs related to the construction of a new building for Novopecherska School.
Countries of Operation:
Ukraine (100,00%)
Financial Product:
Loans
Sector:
Consumer Discretionary
Domain:
Private
Borrower/Client:
LLC "EC Novopecherska School", Ukraine
Co-Financers/Participants:
N/A
Guarantors/Sponsors:
UPD Holdings Limited Vassil Khmelnitskiy
Developmental and Regional Cooperation Impact:
The Bank’s financing will support development of the Ukrainian education to meet growing requirements of the country and to focus on preparing students for the future.
Environmental Classification and Impact:
Environmental and Social (E&S) Category B. The Operation during the construction stage is likely to generate limited negative E&S impacts, which however will be site specific and temporary. At the operation stage the school will generate net positive social impacts as it will increase access to quality modern education, which is a significant developmental impact.
Operation Leader:
General Industries, Transport, Tourism 1
E-mail:
gitt1@bstdb.org
As of 28 Feb 2026

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