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CMS Advises ING Bank-led Syndicate of Banks on Extension of USD 300 Million Pre-Export Facility to Kernel Group

CMS Advises ING Bank-led Syndicate of Banks on Extension of USD 300 Million Pre-Export Facility to Kernel Group

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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.

Ukraine Knowledge Partner

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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