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Redcliffe Partners Advises EBRD on EUR 24 Million Loan to MHP

Redcliffe Partners Advises EBRD on EUR 24 Million Loan to MHP

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Redcliffe Partners, working with Simmons & Simmons, has advised the EBRD on a EUR 24 million short-term unsecured loan to Ukrainian poultry and grain producer MHP.

According to Redcliffe Partners, the loan will finance the borrower's working capital needs for crop farming operations in Ukraine. "The project is part of the EBRD’s Food Security Ukraine package, within the Resilience and Livelihoods Framework, adopted by the bank to support the Ukrainian economy after Russia's invasion," the firm informed.

MHP produces and exports chicken from Ukraine. The company also specializes in the cultivation of cereals, as well as other agricultural activities, including manufacturing meat and sausage products and ready-to-eat meat products.

The Redcliffe Partners team included Managing Partner Olexiy Soshenko and Senior Associate Evgeniy Vazhynskiy.

Redcliffe Partners at a Glance

Redcliffe Partners is a leading Ukrainian law firm that provides a full range of legal services to large national enterprises, international companies, financial institutions and private investors who are conducting business or investment activities in Ukraine.

We are involved in the majority of the largest and most complicated transactions and litigation cases in Ukraine.

Redcliffe is a top-tier law firm in Ukraine, being Tier 1 in all of our key practices: Banking, Energy and M&A according to Legal 500 2021.

The basis of our work and dynamic development is a powerful international team, practical experience in the most active business sectors, and impeccable professional ethics and business transparency.

Firm's website: www.redcliffe-partners.com