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."
