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Asters Advises EBRD on EUR 10 Million Financing for Grain Alliance Group

Asters Advises EBRD on EUR 10 Million Financing for Grain Alliance Group

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Asters has advised the European Bank for Reconstruction and Development on a EUR 10 million financing for the Grain Alliance Group.

The Grain Alliance Group is a Swedish-owned mid-sized agricultural holding in Ukraine, according to the EBRD. It cultivates around 60,000 hectares of land.

According to Asters, “the loan will be used to improve and expand export capacity for grain, which was disrupted as a result of Russia's large-scale armed aggression against Ukraine. To this end, the Grain Alliance Group will increase storage capacity, modernize infrastructure, as well as purchase grain hoppers, locomotives, and trucks to ensure safe grain transport from Ukraine to Slovakia and onward to final customers. The investment will help to provide a transshipment capacity of 400,000 tonnes per year and preserve over 1,000 jobs.”

In 2020, Asters advised the EBRD on another financing for Grain Alliance Group (as reported by CEE Legal Matters on July 8, 2020).

Asters’ team included Partner Iryna Pokanay, Counsel Gabriel Aslanian, Senior Associate Inna Bondarenko, and Associate Viktoria Zagreba.

Asters did not respond to our inquiry on the matter.

Asters at a Glance

Founded in 1995, Asters is the largest Ukrainian law firm with offices in Kyiv, Washington D.C., Brussels and London.

The Firm provides efficient transactional legal advice and represents clients on a broad spectrum of matters arising in the course of doing business in Ukraine. Asters has extensive industry-specific experience and plays a leading role in advising clients in various market sectors.

Asters’ 130-strong legal team combines world-class professionalism and quality with clear understanding of local realities so that our clients receive practically oriented advice in the most client-friendly manner. Asters’ lawyers received law degrees from the best European, Ukrainian and US law schools, including Yale, Harvard, Chicago University.

Asters has consistently remained at the top of the Ukrainian legal market throughout its history being acknowledged as Ukraine Law Firm of the Year by Who's Who Legal (2018-2022), The Lawyer European Awards (2020-2021), Chambers Europe Awards 2020 and holds top positions in the most authoritative international market reviews: The Legal 500, Chambers Global and Chambers Europe, IFLR 1000, Who's Who Legal, Best Lawyers.

Firm's website.