Wed, Jul
80 New Articles

Asters Advises BSTDB on USD 20 Million Loan to Araks Shopping Malls Owners

Asters Advises BSTDB on USD 20 Million Loan to Araks Shopping Malls Owners

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Asters has advised the Black Sea Trade and Development Bank on up to USD 20 million in financing to the group of companies that owns two shopping malls under the Araks brand in Kyiv.

According to Asters, the loan will “support the modernization and upgrade of the commercial property owned by the group and located in Kyiv and Khmelnytskyi substantially for the purpose of improving their energy efficiency and reducing energy consumption, as well as the refinancing of the group's existing credit portfolio.”

Asters’ team included Partner Iryna Pokanay, Counsel Gabriel Aslanian, and Associates Inna Bondarenko and Viktoria Zagreba.

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


Our Latest Issue