Avellum and Watson Farley & Williams have advised the EBRD on a long-term secured loan of up to EUR 52.5 million to Novi Biznes Poglyady.
According to Avellum, "NBP is a special project company which owns and operates Riviera Shopping City, a shopping mall located in the Odessa region [of Ukraine]. The loan will be used for the expansion of the shopping mall’s lease area, as well as for the financial restructuring of the NBP’s balance sheet."
Avellum's team was led by Senior Partner Glib Bondar and included Counsel Maksym Maksymenko, Senior Associate Tetiana Mykhailenko, and Associates Oleg Krainskyi, Anastasiia Zhebel, Daryna Mykhailenko, Mariana Veremchuk, Dmytro Radzivon, and Andriy Kornuta.
Watson Farley & Williams's team was led by Partner Joe Levin and included Associate Oliver Acland.