Asters Advises IFC on EUR 30 Million Financing to IMMER Group

Asters Advises IFC on EUR 30 Million Financing to IMMER Group

Ukraine
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Asters has acted as Ukrainian law counsel to the International Finance Corporation in connection with an over EUR 30 million loan to the IMMER Group, a Eastern European producer of flexible packaging.

IFC’s financing package includes EUR15 million in debt, mobilized from other lenders. According to Asters: "Designed to support the growth of IMMER Ukrplastic, Ukraine’s largest manufacturer of flexible packaging materials, the project aims to strengthen the competitiveness of local industry, support job creation, and boost the growth of a competitive export-oriented company."

Asters team Partner Iryna Pokanay, Counsel Gabriel Aslanian, and Associate Inna Bondarenko.