EBRD allocates $2.8mn loan to Uzbek manufacturer of disposable medical goods

By bne IntelIiNews January 4, 2021

The European Bank for Reconstruction and Development (EBRD) has allocated a senior local currency loan of up to $2.8mn in Uzbek sum-equivalent to Uzbek Healthline, a producer and trader of disposable medical goods, for the launch of a third production line dedicated to the manufacture of single-use medical gloves.

The funds in local currency are expected to protect the borrower from foreign-exchange-related risks.

"The new production line will be commissioned in the first quarter of 2021 and will help expand Healthline’s principal production site in Tashkent," the EBRD said.

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