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Sayenko Kharenko Advises Canada on CAD 5 Billion Loan to Ukraine

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Sayenko Kharenko has advised the Government of Canada on a new CAD 5 billion loan to Ukraine. Avellum reportedly advised the Ukrainian Ministry of Finance.

According to Sayenko Kharenko, the loan, with a 30-year maturity, is provided under the G7 Extraordinary Revenue Acceleration Loan initiative, which enables repayment and servicing of the loan using future revenues from immobilized Russian sovereign assets. The ERA Loan initiative will disburse approximately USD 50 billion in bilateral loans from G7 members to support Ukraine.

The Sayenko Kharenko team included Partner Igor Lozenko, Senior Associate Oles Trachuk, Junior Associate Artem Medvetskyi, and Paralegal Polina Savinska.

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

 

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