Asters has acted as Ukrainian law counsel to the International Finance Corporation in connection with an up-to-USD 100 million loan to Nibulon, one of the largest Ukrainian grain and oilseeds originators and exporters.
Nibulon is one of the largest Ukrainian grain and oilseeds originators and exporters. The company farms 82,000 hectares of land, operates second largest network of inland silos and river terminals and a modern seaport terminal, located in Mykolaiv, in the Black Sea region of Ukraine. Nibulon mainly exports corn, wheat, and barley to more than 20 global destinations.
IFC will provide up to USD 60 million for its own account in debt financing, and mobilize approximately USD 40 million in debt from other lenders. The financing will be used to modernize and expand Nibulon’s port transshipment terminals and to refinance its short-term debt.
Asters's team consisted of Partner Iryna Pokanay, Counsel Gabriel Aslanian, and Associate Inna Bondarenko.
