The relevant agreement on the preparation of the project of loan financing was signed on Friday by Dnipro Mayor Borys Filatov and EBRD Senior Banker, Head of Infrastructure and Energy n Ukraine Mark Magaletsky.
According to Filatov, 50 new trolleybuses will be purchased for the EBRD loan, which is the bulk of the existing trolleybus park in the city.
Read alsoKharkiv to borrow EUR 320 mln for expansionThe loan will be provided under the full financial guarantee of the city of Dnipro for 12 years with a 7% rate.
Filatov hopes the EBRD loan will be disbursed in March 2018.
UNIAN memo. The EBRD is the largest international financial investor in Ukraine. To date, the Bank has made a cumulative commitment of almost EUR 11.6 billion through 383 projects since the start of its operations in the country in 1993.
