Asters has advised the IFC on the issue of a USD 12.5 million loan to Ukrainian pork producer Nyva Pereyaslavshchyny.
According to Asters, the IFC's loan is designed to support Nyva’s investment program, which includes constructing a new meat-processing facility -- one of the first in Ukraine to comply with European Union standards for food safety and animal welfare. The company will also build a new pig farm and a rendering plant capable of recycling up to 50 tons of waste every day, helping to reduce its environmental footprint.
This is IFC’s second investment in Nyva. The program is expected to create about 300 jobs.
The Asters team included Partner Iryna Pokanay, Counsel Gabriel Aslanian, and Associate Inna Bondarenko.