MBFFMercedes Benz Fashion Festival
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The loan to Converse Bank falls under two important EBRD initiatives: (i) the Armenian Multi-Bank Framework Facility II (MBFF II) which aims to support the sustainable development of the country s banking sector with a special focus on supporting micro, small and medium-sized enterprises and (ii) the Local Currency Lending Programme in Early Transition Countries (ETC LCY), which aims to further private sector development by providing long-term financing and ensuring that Armenian borrowers, including local enterprises, banks and microfinance organisations, avoid taking on currency exchange risks.
"Our natural gas liquids businesses are strong and performing well," said Steve Tatum, president of Koch Hydrocarbon, LP and a manager of the MBFF group.
The potential sale also includes Koch Pipeline's 50% interest in the Chisholm Pipeline gathering system and the 80% interest in Mont Belvieu 1, a fractionator near Houston, currently owned by MBFF, LP, which is an redirect subsidiary of Koch Holdings, LLC.