21
Sat, Dec
127 New Articles

Sayenko Kharenko Advises IFC on USD 210 Million Risk-Sharing Facilities for Raiffeisen Bank Ukraine

Ukraine
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Sayenko Kharenko, working with Hogan Lovells, has advised the International Finance Corporation on two risk-sharing facilities for Raiffeisen Bank Ukraine totaling approximately USD 210 million equivalent, one of which IFC cooperated on with the US International Development Finance Corporation. Redcliffe Partners and Mayer Brown reportedly advised the DFC.

According to Sayenko Kharenko, "the first risk-sharing facility is set to address the critical financing needs of small and medium enterprises in Ukraine, particularly in agribusiness, with up to USD 50 million shared equally between IFC and Raiffeisen Bank Ukraine. The second risk-sharing facility, totaling EUR 150 million, focuses on supporting larger corporates in Ukraine to grow their businesses, preserve and create jobs, and finance longer-term renewable energy generation and energy-efficiency projects crucial for bolstering Ukraine’s energy security. This risk-sharing facility comprises contributions of up to EUR 50 million from IFC and USD 50 million from the U.S. International Development Finance Corporation, marking the first direct cooperation between IFC and DFC to establish a risk-sharing facility."

The Sayenko Kharenko team included Partner Igor Lozenko, Senior Associate Oles Trachuk, and Paralegals Mykola Suprunovych and Danylo Dashko.

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 2023.

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