ViOil Syndicated Loan Raising Deal Given International Award

At TXF Amsterdam-2018, an international conference in the Netherlands, TXF gave ten awards for the best commodities finance deals called TXF Deals of the Year for Commodity Perfect 10. International experts recognized ViOil Industrial Group’s syndicated loan raising deal for USD 80 million (executed last December) as winner of The Perfect 10 European Commodities Finance Deal of the Year award. European banks granted such a syndicated loan to a new company for the first time in four years. “TOP-10 winners included transnational corporations raising loans in much bigger amounts,” Alla Vlasyuk, the Chief Financial Officer of the Industrial Group, notes. “Such international recognition is of great importance not only for our company, but also for the entire Ukrainian business. It demonstrates great trust of western financial institutions to Ukrainian companies.” Many financial experts participating in the conference believe that foreign banks need to lend to Ukrainian businesses. However, their absolute transparency and responsible attitude to lenders are essential.