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Ukrproduct Faces Increased Debt with EBRD amid Ongoing Restructuring Talks

Story Highlights
  • Ukrproduct owes an additional EUR 2.4 million to EBRD, totaling EUR 9.7 million.
  • Discussions with EBRD to restructure the loan continue, with no immediate repayment demanded.
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Ukrproduct Faces Increased Debt with EBRD amid Ongoing Restructuring Talks

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Ukrproduct ( (GB:UKR) ) has shared an update.

Ukrproduct Group Ltd has been notified by the European Bank for Reconstruction and Development (EBRD) of an additional EUR 2.4 million owed, bringing the total debt including principal, interest, and fees to approximately EUR 9.7 million as of December 2024. The company has been in discussions with EBRD since 2021 to potentially restructure the loan, although no immediate repayment acceleration has been demanded by the bank, indicating ongoing negotiations and financial strategizing that could impact Ukrproduct’s operational and financial stability.

More about Ukrproduct

Ukrproduct Group Ltd operates in the food industry, primarily focusing on the production and distribution of dairy products in Ukraine. The company is known for its range of dairy commodities and caters to both domestic and international markets.

Average Trading Volume: 97,025

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £991.8K

Find detailed analytics on UKR stock on TipRanks’ Stock Analysis page.

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