CMS has advised a syndicate of banks led by mandated lead arranger ING Bank N.V. in relation to the extension of a pre-export facility for Ukraine’s Kernel Group.
The total amount of the credit facility is USD 300 million.
Kernel Group is the largest producer and exporter of sunflower oil in Ukraine and is a supplier of agricultural products from the Black Sea region to world markets, according to CMS.
CMS’s team was led by Partner Elitsa Ivanova and Counsel Kateryna Chechulina and included Partner Ihor Olekhov, Associate Khrystyna Korpan, and Lawyer Ivan Pshyk.
