25
Sun, Aug
43 New Articles

Sayenko Kharenko Advises EBRD on Loan to Major Ukrainian Agricultural Holding

Sayenko Kharenko Advises EBRD on Loan to Major Ukrainian Agricultural Holding

Ukraine
Typography

Sayenko Kharenko acted as legal counsel to the European Bank for Reconstruction and Development on its provision of a USD 20 million loan to the subsidiaries of the Industrial Milk Company, a Ukrainian agricultural holding listed on the Warsaw Stock Exchange and involved in corn, sunflower, wheat, soybean, potato, and dairy farming.

According to Sayenko Kharenko, "the deal is expected to provide much needed pre- and post-harvest financing essential for the successful operations of the company’s export oriented business. In particular, the funds raised will be used to finance working capital needs of IMC Group associated with the farming operations in Ukraine."

EBRD is the largest international financial investor in Ukraine, and as of August 1, 2016, it had a total cumulative commitment of almost EUR 12 billion in 367 projects pursued since the start of its operations in Ukraine. 

The Sayenko Kharenko team was led by Partner Nazar Chernyavsky and included Senior Associate Iryna Bakina, Associate Taras Shyb, and Junior Associate Alla Kushnirenko.

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