KSG Agro continues to repay loans

KSG Agro Group has completed the next stage of restructuring the loan with Ukrsotsbank. As part of the restructuring, the loans in the amount of approximately $ 4 million were repaid through the transfer of JSC Pererobnyk’s production capacity and elevator to the bank’s balance. In turn, Ukrsotsbank has rented out these fixed assets to KSG Agro. Besides the parties signed a repurchase option within five years.