Milkiland to fulfil the conditions of the restructuring of the indebtedness to one of the largest creditors of the Group


By selling of two agri-susidiaries of the Group controlled by the Group’s main agri-subsidiary LLC Milkiland-Agro, namely PJSC “Iskra” and LLC “Uspikh-Mena”, in November 2016 and February 2017, respectively, Milkiland fulfilled the conditions of the Amendment agreement to the Loan Facility Agreement with PJSC Credit Agricole Bank (hereinafter, “the Creditor” and “the Restructuring agreement”).

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