Kiev. Ukraine. Ukraine Gate – February 14, 2021 – Economy
According to the Secretariat for Financial Restructuring, Ukreximbank has opened a procedure for financial restructuring of the debt of First Private Brewery LLC.
Among the company’s shareholders – including Andriy Matsola and the EBRD (in 2019 he increased his share in the company from 15% to 22%).
Ukreximbank also started the procedure of financial restructuring of the debt of PJSC Radomyshl Beer and Non-Alcoholic Plant, which is again connected with the First Private Brewery.
As reported, from April 2017 to January 2021, 41 procedures worth UAH 65.2 billion were opened within the framework of the Law on Financial Restructuring, of which 40 procedures worth UAH 63.68 billion have already been completed.
“97% of procedures were completed successfully, as a result of which an agreement was reached between debtors and creditors and restructuring plans were signed. In 2017 the number of procedures amounted to UAH 8 billion, which was 1.6% of the total NPL of the corporate loan portfolio. In 2018, the number of procedures amounted to UAH 27.54 billion (5%), in 2019 – 44.85 UAH billion, or 10%. As of January 4, 2021, the number of procedures amounted to UAH 65.18 billion, or 16% of the total NPL of the corporate loan portfolio, “- said the Secretariat for Financial Restructuring.
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