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Sayenko Kharenko Advises EBRD on EUR 25 Million Loan to City of Lviv

Sayenko Kharenko Advises EBRD on EUR 25 Million Loan to City of Lviv

Ukraine
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Sayenko Kharenko has advised the EBRD on its EUR 25 million loan to the city of Lviv under the EBRD’s Resilience and Livelihoods Framework.

According to Sayenko Kharenko, "the loan has a maturity of 4.5 years and will be used to provide liquidity support for Lviv’s municipality and its key municipal companies – including transport company Lvivelectrotrans, road construction, maintenance, and traffic-management enterprise Lvivavtodor, water operator Lvivvodokanal, district heating company Lvivteploenergo, and waste management operator Zelene Misto."

"The EBRD’s loan will help these entities provide essential services and compensate for temporary revenue losses and additional war-related expenses," the firm reported.

The Sayenko Kharenko team was led by Partner Igor Lozenko and included Associates Oles Trachuk and Oleksandr Motin.

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