CMS has advised ING Bank N.V., as a mandated lead arranger and bookrunner, on a USD 80 million pre-export finance facility to Vioil – one of the largest producers of vegetable oils in Ukraine.
According to CMS, "the syndicated facility was channelled to Ukrainian exporters to further fund the working capital needs of the Vioil group, including to refinance the existing facilities. Given various regulatory restrictions in Ukraine, CMS's advice also included structuring of the refinancing, [the terms of which] were successfully negotiated with the existing lenders by ING with the vast support of CMS team."
The transaction was led by CMS Partners Mark Segall and Elitsa Ivanova and Senior Associate Kateryna Chechulina.
