The Ukrainian Asters law firm has advised the International Finance Corporation on USD 65 Million Financing to Mriya, a leading Ukrainian agroindustrial company.
The IFC project includes a 2-year revolving working capital facility in the amount of USD 60 million to provide financing for inputs needed to produce agricultural commodities for sale to local clients and international traders. The project aims to replace the IFC’s existing USD 35 million 3-year working capital facility due for final repayment in March 2014.
In addition to the working capital facility, the project includes a three year USD 5 million loan to help Mriya improve its waste management capabilities and become more energy efficient.
Tasters has been advising the IFC on its partnership with Mriya since 2010.
The Asters Banking & Finance team working on the project included Partner Iryna Pokanay and Associates Gabriel Aslanian and Inna Bondarenko.