Agreement of 25% of Euro Leasing Purchase Finished
OREANDA-NEWS On 15 September was announced, that the shareholders of Euro Leasing and investment funds Euroventures Ukraine Fund II and The Ukraine Opportunity Trust Plc. finished the agreement of 25% of Euro Leasing purchase. On May this year the company has already announced about the course of negotiations.
The share of Euroventures Ukraine Fund II is 15.4% that equals to USD 6.2 million, and the share of The Ukraine Opportunity Trust Plc. (UKRO) is 9.6%, that is USD 3.8 million.
The date of the first investment tranche is September 2008. The reason for involvement of new investors is the further growth of the company’s transport lease portfolio due to increase of capital and attraction of international financial institutions for Euro Leasing financing.
Insuring the reputation of a leader, Euro Leasing offers new unique leasing products for small and middle businesses in September this year. These products are to facilitate the access to financing the passenger cars and commercial transport purchase.
This agreement will figure in Ukrainian leasing industry as the first agreement about entering the international minority investor into this sphere of business.
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