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Sayenko Kharenko Advises EBRD on EUR 20 Million Equivalent Loan to Bank Lviv

Sayenko Kharenko Advises EBRD on EUR 20 Million Equivalent Loan to Bank Lviv

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Sayenko Kharenko has advised the European Bank for Reconstruction and Development on a EUR 20 million equivalent loan to Bank Lviv, signed at the Ukraine Recovery Conference in Berlin.

According to Sayenko Kharenko, "the loan will have a tenor of three years. It will be extended to Bank Lviv in local currency to facilitate access to finance for Bank Lviv’s clients among the private small- and medium-sized enterprises affected by Russia’s ongoing war on Ukraine. Additionally, the loan’s funding costs will be supported by the interest rate subsidy from the United States’ SME Local Currency Lending Programme in Ukraine."

In 2023, Sayenko Kharenko advised the EBRD on a USD 30 million loan to Astarta Holding (as reported by CEE Legal Matters on September 7, 2023).

The Sayenko Kharenko team included Partner Igor Lozenko, Senior Associate Oles Trachuk, Associate Yevhen Koval, and Junior Associate Polina Savinska.

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