The 12-year facility is split into two tranches, with the European Bank for Reconstruction & Development (EBRD), the Asian Development Bank (ADB) and the Black Sea Trade & Development Bank (BSTDB) stumping up $560 million in that period.
EBRD and ADB will each provide $250 million, with ADB throwing in $60 million.
The remained - $440 million – will be provided over a 10-year period by a consortium of private lenders comprising ING Bank, Societe General, UniCredit and Bank of China, all via loan programme from the EBRD and ADB.
EBRD
