Sayenko Kharenko has advised the EBRD on its provision of an up-to-EUR 7.5 million synthetic loan in Ukrainian currency to Bank Lviv under the EU4Business-EBRD Credit Line. The synthetic structure of the loan provides access to long-term UAH funds to eligible SME borrowers of Bank Lviv.
According to Sayenko Kharenko, “the funding is provided in the context of the Deep and Comprehensive Free Trade Agreement between the EU and Ukraine. The funding also includes grants to be offered as investment incentives to eligible enterprises aiming to improve technology and production processes of SMEs in line with EU standards.”
Sayenko Kharenko’s team was led by Partner Igor Lozenko and included Associate Vira Pankiv and Junior Associate Sofiia-Mariia Kuzminska.