The GREENSTONE restructured obligations of the Creative

The GREENSTONE restructured obligations of the Creative

09.02.2016 News

The GREENSTONE restructured obligations of the CreativeAt the end of 2015 between UniCredit Leasing and GREENSTONE group was signed an agreement for more than $ 1.5 million.

According to the agreement, The GREENSTONE will fulfill the  obligations of Creative  with respect to leasing trucks, agricultural vehicles and passenger cars. The agreement with UniCredit Leasing involves the renewal of the lease and facilities restructuring of debt that has been accumulated during 2015, particularly during the period of the negotiation process, which lasted nearly four months.

“Selling of 2/3 “Creative” business, which forced occurred in the summer 2015, provided an agreement with the new owners of the division of the credit portfolio, and GREENSTONE team is active on renewal and maintenance of these loans, – sums up the result of this agreement Maxim Berezkin, the director of integrated agro-industrial companies group GREENSTONE. – We started to work with creditors just after the sales,we have never renounced our obligations, were always ready to engage in constructive dialogue and to move towards mutually beneficial solutions in legal field. Successfully closed deal with UniCredit Leasing is the result of active and cooperative position of our financial partner and demonstrates our position on this issue”.

GREENSTONE company established in August 2015 based on 25-30% of all assets of Creative Group. GREENSTONE is a Ukrainian integrated agro-industrial group of companies that unites several business areas, including the production and sale of soybean and sunflower oil and meal, agricultural and animal directions, motor company and a few invest projects. The staff numbers 1500 people.

The Agroindustrial Creative Group is an integrated company specializing in the processing of agricultural products, production of feed products for livestock and poultry, food and biofuel production. The company has 9 factories, crop farms and livestock complex.

Source: latifundist.com

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