EBRD allocates “Ukrzaliznytsya” $ 150 million for the purchase of new freight wagons

The European Bank for reconstruction and development (EBRD) and PJSC “Ukrzaliznytsia” peed a long-term loan agreement on the allocation of Bank $ 150 million for the purchase of new freight wagons.

It is reported with reference to the acting Chairman of the Board of “Ukrainian Railways” Evgeny Kravtsov in Facebook.

According to him, the allocated funds BONDS build freight gondola cars.

“A few hours ago signed a long-term loan agreement with EBRD for the purchase of new freight wagons… We get $ 150 million under a good interest rate. It is lower than in the banking market of Ukraine and international capital markets. On this money we will build the most demanded rolling stock – freight wagons”, – wrote he.

It is reported that this loan without government guarantees.

“After the increase in the Fitch rating is another signal to the market: “uz” is a reliable partner and stable company,” – said Kravtsov.

According to him, the tender for the gondolas EBRD has already announced, the first deliveries are expected before the end of 2018. He noted that PAO is an unprecedented working conditions, which for the first time will enable you to plan for the return of rolling stock.

It is also noted that the EBRD will help to “Ukrzaliznytsya” in the certification and improvement of procurement processes and implementation of information system for energy management that will improve the overall efficiency of the company.

Also, earlier, the Cabinet of Ministers of Ukraine on 31 October approved the decision, according to which “Ukrzaliznitsya” has become a private joint stock company (PJSC) is a public joint stock company (PJSC).

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