Cordiant takes $22.5M participation in EBRD loan to Galnaftogaz

In December 2007, Cordiant took a $22.5M participation in an EBRD B-Loan to Galnaftogaz, a Ukrainian petroleum retail and distribution company. The investment will finance the Company’s capital expenditure program and the associated increase in working capital during the next two years. For further information, please consult the EBRD website: Galnaftogaz