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Baker McKenzie Advises IFC on Loan to Auchan Retail

Baker McKenzie Advises IFC on Loan to Auchan Retail

Ukraine
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Baker McKenzie’s Kyiv office has advised the International Finance Corporation, on its provision of an eight-year loan worth around UAH 400 million (about USD 15 million) to Auchan Retail to finance the food retail chain's long-term investments in Ukraine.

Baker McKenzie’s team was led by Kyiv Managing Partner Serhiy Chorny, with input from Senior Associate Dmytro Orendarets and Associate Ganna Smyrnova. Commenting on the transaction, Chorny said: “We're honored to provide legal support to IFC in this milestone transaction which ultimately will foster growth of Ukraine’s retail sector and create new jobs."

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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