Kyiv Gets EUR 350 Mln under IBRD Guarantee

Ukraine has attracted a loan of EUR 349.3 million from Deutsche Bank under the guarantee of the International Bank for Reconstruction and Development (the IBRD), according to the website of the Ministry of Finance.   According to the ministry, the funds were received in two tranches: an A tranche in the amount of EUR 53.2 million with a maturity of four years and a B tranche in the amount of EUR 296.1 million with a maturity of ten years and provides a grace period of 4.5 years. It is expected that the funds will be raised under the unused part of the World Bank guarantee in the first quarter of 2019. Source: Gazeta.ru