The syndicate of UniCredit International and Raiffeissen Bank International, coordinated by Royal Bank of Scotland, which all together acted as joint arrangers and bookrunners of the deal, provided a senior secured long-term loan to Milkiland N.V.
During 2011 Milkiland concentrated its efforts at acquisition of agricultural subsidiaries in order to strengthen the Group’s raw materials supply chain.
Kiyv, 23 December 2011 – On December 22, 2011, the Parliament (Verkhovna Rada) of Ukraine adopted a Law of Ukraine on amendments to the Tax Code of Ukraine stipulating partial restoration of the system of compensations paid to producers of raw milk, which was in place before January 1, 2011.
Kyiv, 31 October 2011 – In its survey “Corporate Governance in Ukraine: Passing go”, Concorde Capital rated Milkiland TOP-10 in terms of quality of the corporate governance system and its value for the minority shareholders and investors.
On October 14, ART CAPITAL distributed Equity Research update on Milkiland N.V. shares with a Buy recommendation and a 12-month target price of USD 8.7 (PLN 27.08) per share (30% upside).