Sayenko Kharenko has advised the European Bank for Reconstruction and Development on a EUR 10 million loan to the city of Lviv, aimed at ensuring the continued provision of vital municipal services and mitigating the impact of the ongoing war in Ukraine.
According to Sayenko Kharenko, the financing is extended under the EU’s Municipal, Infrastructure and Industrial Resilience Program, which provides a 25% first-loss risk cover as part of the Ukraine Investment Framework. The emergency loan will support municipal operators, including Lvivelectrotrans, Zelene Misto, and Lvivvodokanal, helping address critical liquidity needs and ensure uninterrupted public services.
Earlier in 2025, Sayenko Kharenko advised EFSE on the EUR 15 million MSME financing for Bank Lviv (as reported by CEE Legal Matters on July 4, 2025).
The Sayenko Kharenko team included Partner Igor Lozenko, Senior Associate Oles Trachuk, and Paralegals Polina Savinska and Mykola Suprunovych.
