Sayenko Kharenko has advised the European Bank for Reconstruction and Development on its EUR 25 million loan to the city of Dnipro under the Resilience and Livelihoods Framework.
Dnipro, Ukraine’s fourth-largest city, is the major center in south-eastern Ukraine, with a population of around a million people. According to the firm, the loan will be used to provide liquidity support for Dnipro’s municipality and its key municipal companies. The emergency funds will ensure the continuous provision of public services to the city’s growing population.
The EBRD is the largest international financial investor in Ukraine, Sayenko Kharenko reported. "The EBRD has made a cumulative commitment of more than EUR 15 billion since the start of its operations in the country in 1993 and pledged to provide EUR 3 billion of support for the country’s economy by the end of 2023."
The Sayenko Kharenko team was led by Partner Igor Lozenko and included Senior Associate Oles Trachuk and Associate Oleksandr Motin.