Delphos International Secures Loan Commitment for Ukrainian Agribusiness Bank
Delphos International has secured a commitment from OPIC for a $10 million senior debt facility for Ukrainian lender Agroprosperis Bank (AP Bank). The loan will be used to expand AP Bank’s working capital lending to small and medium enterprise (SME) farmers in Ukraine, who represent 30% of the agriculture sector in the country but have traditionally lacked access to capital. AP Bank is a portfolio company of NCH Capital, the New York-based fund manager with over two decades of experience investing in Ukraine and the surrounding region.