Sayenko Kharenko Advises EBRD on Loan to Support SMEs in Ukraine

Sayenko Kharenko Advises EBRD on Loan to Support SMEs in Ukraine

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Sayenko Kharenko has advised the EBRD on the extension of an up-to-EUR 25 million loan to Credit Agricole Bank Ukraine.

According to Sayenko Kharenko, “the proceeds of the loan will be used by Credit Agricole Bank Ukraine to expand its local currency leasing solutions to micro, small, and medium-sized enterprises across Ukraine. Such leasing solutions will allow eligible enterprises to invest in upgrades of their machinery, equipment, and technologies that are compliant with EU product quality, health and safety, and environmental protection standards. In addition, following the completion of upgrade projects lessee companies will be eligible for grant support funded by the EU.”

Sayenko Kharenko’s team was led by Partner Igor Lozenko and included Associate Vladyslava Mitsai and Junior Associate Oleksandr Motin.