Redcliffe Partners, working with Simmons & Simmons, has advised the EBRD on a EUR 24 million short-term unsecured loan to Ukrainian poultry and grain producer MHP.
According to Redcliffe Partners, the loan will finance the borrower's working capital needs for crop farming operations in Ukraine. "The project is part of the EBRD’s Food Security Ukraine package, within the Resilience and Livelihoods Framework, adopted by the bank to support the Ukrainian economy after Russia's invasion," the firm informed.
MHP produces and exports chicken from Ukraine. The company also specializes in the cultivation of cereals, as well as other agricultural activities, including manufacturing meat and sausage products and ready-to-eat meat products.
The Redcliffe Partners team included Managing Partner Olexiy Soshenko and Senior Associate Evgeniy Vazhynskiy.