News
- 01.09.10
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Kernel receives US$ 130mn in VAT T-bills
During the company’s conference call yesterday, management said it plans to use the VAT T-bills as collateral to attract additional bank debt.. - 13.08.10
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Oversubscription increases Kernel loan to US$ 260mn
Kernel confirmed it landed a US$ 260mn syndicated loan from ING Bank and UniCredit for working capital needs... - 09.08.10
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Kernel says Ukraine’s sunflower harvest in good shape
Kernel expects total Ukrainian grain production to fall roughly 16% y/y, much less than Russia’s expected 25-30% y/y decrease... - 30.07.10
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State moves to eliminate agro VAT exemptions [CORRECTED]
Our deeper look into the bill shows that the proposed legislative revisions have no impact on listed agro/food names... - 30.07.10
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State moves to eliminate agro VAT exemptions
The move is likely aimed at improving state budget revenues, and we also do not rule out the initiative is a step to satisfy IMF requests...
