Aequo has advised the EBRD on matters of Ukrainian law related to its USD 25 million loan to Astarta, a Ukrainian agribusiness operator and sugar producer.
The proceeds of the loan will be utilized to develop and modernize the existing grain and sugar production infrastructure.
In particular, the project involves the construction and acquisition of six grain storage facilities with a total capacity of 480,000 metric tons, and the construction of one sugar storage facility with a total storage capacity of 50,000 metric tons. The new storage facilities will be located in the Poltava and Khmelnitsky regions of Ukraine.
Aequo lawyers assisted with the drafting and the execution of the financing documentation and issued a legal opinion in favor of EBRD. The firm's team was supervised by Partner Yulia Kyrpa and included Senior Associate Yevgen Blok.