Arzinger has advised the IFC on its loan to OTP Leasing in Ukraine.
According to Arzinger, “the loan will be used to scale up sustainable energy investments, particularly for small and medium enterprises. The long-term financing will enable businesses to acquire energy-efficient machinery and upgrade their facilities with modern equipment to support a lower carbon footprint.” According to the firm, “the loan includes USD 20 million from IFC’s, USD 20 million from Climate Investment Funds, and a syndicated loan of USD 10 million.”
Arzinger’s team was led by Partner Oleksander Plotnikov.
Arzinger did not reply to an inquiry about the deal.