Sayenko Kharenko has advised Citibank and UK Export Finance on a GBP 26.3 million equivalent export loan provided to Ukraine under UKEF’s guarantee, to finance the reconstruction of bridges around Kyiv.
According to Sayenko Kharenko, “the loan proceeds will be used to finance the reconstruction of six bridges in the Kyiv region as part of the ongoing effort to reopen vital supply routes near Ukraine’s capital. The loan was announced at the Ukraine Recovery Conference in London, which aims to bridge the gap between the public and private sectors and facilitate discussions on accelerating and supporting Ukraine’s reconstruction efforts.”
The Sayenko Kharenko team included Partner Anton Korobeynikov, Senior Associate Oles Trachuk, and Associates Vladyslava Mitsai and Oleksandr Motin.
Editor’s Note: After this article was published, Avellum announced that it had advised the Ministry of Finance of Ukraine on the loan. The firm’s team included Senior Partner Glib Bondar and Associates Yaroslav Pavliuk and Marharyta Brianska.
On September 22, White & Case announced that it had advised Ukraine's Ministry of Finance on the borrow side. The firm's team in London included Partner James Hardy and Associate Prema Govind.