Kinstellar has advised the European Bank for Reconstruction and Development on a USD 65 million loan to Datagroup for the acquisition of Volia. CMS advised Datagroup on the deal.
Datagroup is a fiber infrastructure and digital services provider in Ukraine, majority-owned by Horizon Capital. Volia is a pay-TV and cable broadband service provider in the Ukrainian retail segment.
According to Kinstellar, the EBRD is the largest institutional investor in Ukraine. “In the past two years alone, the bank has committed EUR 2 billion to the economy. Investments are combined with support for policies that promote the fight against corruption, good governance of state-owned enterprises, structural reforms, and a more transparent business environment.”
Kinstellar’s team included Partner Iryna Nikolayevska, Counsels Andriy Nikiforov and Oleg Matiusha, Senior Associates Anna Makedonska and Yulia Eismont, Associates Yulia Palaida, Diana Malysh, and Mariana Antonovych, and Junior Associate Olena Kandya.
CMS's team included Counsel Kateryna Chechulina, Senior Associate Louise Cakar, Associate Khrystyna Korpan, and Lawyer Iryna Kravchenko.