PROJECT

Projects

Summary of Investment Information

Project Number

32191

Company Name

ALD AUTOMOTIVE UKRAINE LIMITED LIABILITY COMPANY

Date SPI Disclosed

Nov 21, 2012

Country

Ukraine

Region

Europe

Projected Board Date

Dec 21, 2012

Environmental Category

FI-3 - No Impact

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Dec 21, 2012
Signed : Dec 20, 2013
Invested : Mar 20, 2014

Sector

Leasing Services

Project Description

IFC proposes to provide up to US$5 million senior loan (up to 4 years) to First Lease LLC (First Lease or the Company), fully owned by ALD International, a leasing subsidiary of Societe Generale Group. The proposed project (the Project) would support the post-crisis growth of the Company’s leasing portfolio aimed to provide high-level car lease and fleet management services throughout Ukraine.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation