Aequo has advised Raiffeisen Bank International AG on its extension of a five-year loan of approximately EUR 4 million to Ukrainian DIY retailer EpiCentr Group.
This facility is covered by an export guarantee issued by Euler Hermes Aktiengesellschaft, which served as the export credit agency.
EpiCentr intends to use the financing to purchasing 100 modern semi-trailers from Schmitz Cargobull, a German manufacturer, and improving the operational effectiveness of Epicentr-K LLC. The first 20 units of Schmitz trailers got customs clearance in August 2019, and the transaction will be fully completed by the end of 2019.
The Aequo team was supervised by Partner Yulia Kyrpa and included Of Counsel Denys Kulgavyi and Associate Olesia Mashtaler.