Sayenko Kharenko has acted as legal counsel to the EBRD on its provision of a EUR 35 million loan to Danosha, a major Ukrainian pig farming company.
The firm explained that the funds raised will be used to expand Danosha’s operations, improve its waste disposal capabilities, and restructure its balance sheet. In addition, "with the help of the EBRD support, the company will improve its biological security and animal welfare standards in line with EU regulations."
Sayenko Kharenko’s team for the transaction was led by Partner Nazar Chernyavsky and included Senior Associate Igor Lozenko, supported by Associates Marta Hontaruk and Taras Shyb.
The EBRD has been advised in other recent Ukrainian deals by Asters (see April 24, 2014 and December 20, 2013), Dentons (see March 17, 2014), and Vasil Kisil & Partners (see March 27, 2014 and May 22, 2014).