29
Fri, Mar
50 New Articles

Asters Advises Black Sea Trade and Development Bank on Loan to Concern Galnaftogaz

Asters Advises Black Sea Trade and Development Bank on Loan to Concern Galnaftogaz

Ukraine
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Asters has advised the Black Sea Trade and Development Bank in connection with its USD 20 million financing to PJSC Concern Galnaftogaz, a Ukrainian chain of gas stations. 

According to Asters, the seven-year loan will assist Concern Galnaftogaz to expand and upgrade its network of gas filling stations and meet its working capital needs. The project will generate new jobs and increase tax revenues in the country, and will have a solid regional cooperation impact from servicing regional transportation flows. 

The Black Sea Trade and Development Bank and Galnaftogaz established their partnership in 2004. Since then, the bank has provided USD 87 million to Galnaftogaz.

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

 

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