Aequo has advised the EBRD on a USD 10 million loan to agribusiness operator Astarta.
According to Aequo, “the additional tranche extends the working capital facility approved in 2018 to Astarta Group and will help it implement plans related to the introduction of the precision farming in Ukraine through the employment of necessary modern IT solutions.”
Astarta operates over 230,000 hectares of arable farmland, sugar plants, a soybean processing factory, and dairy farms.
Aequo’s team included Partner Yulia Kyrpa, Associate Olesia Mashtaler, and Junior Associate Oleksandr Savvi.
Aequo did not reply to our inquiry on the deal.