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Asters Advises IFC on USD 30 Million Financing to Astarta

Asters Advises IFC on USD 30 Million Financing to Astarta

Ukraine
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Asters has acted as Ukrainian law counsel to the IFC on its USD 30 million loan to Ukrainian agriculture producer Astarta.

According to Asters, the IFC's financial support will fund Astarta's two-year investment program aimed at increasing the resource efficiency of its processing plants and the productivity of its farming operations. The funds will support the modernization of Astarta's sugar plants leading to savings of gas, electricity, and water resources. The program also aims at equipping the company’s farms with new tractors and modern, fuel-efficient machinery. 

Asters' team was led by Partner Iryna Pokanay and included 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

 

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