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Sayenko Kharenko Advises EBRD on EUR 25 Million Loan to OTP Leasing in Ukraine

Sayenko Kharenko Advises EBRD on EUR 25 Million Loan to OTP Leasing in Ukraine

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Sayenko Kharenko has advised the EBRD on a EUR 25 million financing to OTP Leasing to support micro, small, and medium-sized enterprises in Ukraine.

According to Sayenko Kharenko, “the funding will enable OTP Leasing to finance long-term leases to MSMEs both in Ukrainian hryvnia and/or in euros.” The firm reported that the funding is available under the EU4Business-EBRD Credit Line with incentives, and that the lessee companies will be eligible to receive grants funded by the European Union only after they successfully implement their investment project.

This marks the second recent transaction Sayenko Kharenko has advised the EBRD on, after its assistance with the EBRD's provision of a EUR 100 million loan to Novus in November 2020 (as reported by CEE Legal Matters on November 23, 2020).

Sayenko Kharenko’s team consisted of Partner Igor Lozenko, Associate Vira Pankiv, and Junior Associate Oleksandr Motin.

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AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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