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Avellum Advises EBRD on Secured Loan to Zunami

Avellum Advises EBRD on Secured Loan to Zunami

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Avellum has acted as Ukrainian counsel to the EBRD on a long term senior secured loan of up to EUR 3 million to LLC Zunami.

Zunami is a major domestic wood processing company in Ukraine preparing to introduce new waste management techniques aimed at reducing wood waste by 23 percent or 3,000 tons per year.

Avellum reports that the EBRD's loan will be complemented by grant funding of up to EUR 70,000 from the European Union under its EU4Business program and USD 170,280 incentive grant funded by the Global Environment Facility under FINTECC program that is designed to transfer technology in the area of climate change mitigation and adaptation.

The Avellum team was led by Senior Partner Glib Bondar, supported by Counsel Maria Tsabal and Associates Oleg Krainskyi and Anna Kalabska.

Avellum did not reply to our inquiries about the deal.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com


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