Sayenko Kharenko has advised the European Bank for Reconstruction and Development on a EUR 60 million loan to Lan-Oil for the construction of a greenfield and privately-owned biofuels project in Ukraine.
According to Sayenko Kharenko, "the loan, which was signed at the Ukraine Recovery Conference in Berlin, will be provided to Ukrainian limited liability company Lan-Oil LLC. The project is sponsored by JSC Concern Galnaftogaz and OKKO Group, a leading distributor of transportation fuels in Ukraine. The funding is also expected to be backed by a financial guarantee from the European Union provided under Pillar II of the new Ukraine facility, the Ukraine Investment Framework."
Earlier, Sayenko Kharenko advised the EBRD on a EUR 20 Million equivalent Loan to Bank Lviv (as reported by CEE Legal Matters on June 19, 2024). In 2023, the firm advised the EBRD on a USD 30 million loan to Astarta Holding (as reported by CEE Legal Matters on September 7, 2023).
The Sayenko Kharenko team included Partner Igor Lozenko, Senior Associate Oles Trachuk, Associates Vladyslava Mitsai and Yevhen Koval, and Junior Associates Artem Medvetsky and Polina Savinska.
