Ukraine's Mriya Renews Bank Lease as Finances Recover, CEO Says

  • Farm group restores $1.25 million lease with Raiffeisen Aval
  • CEO reorganizing company after default on about $1.2 billion

Mriya Agro Holding Plc has renewed leasing programs with local banks, in a sign that the Ukrainian farm company’s finances are on the mend after last year’s default on about $1.2 billion in debt, Chief Executive Officer Simon Cherniavsky said.

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