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Asters Advises EBRD on USD 15 Million Financing to Modern-Expo Group

Asters Advises EBRD on USD 15 Million Financing to Modern-Expo Group

Ukraine
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Asters has advised the EBRD on a USD 15 million loan to the Modern-Expo Group, one of the largest manufacturers and suppliers of fixtures and equipment for retail stores and warehouses in Central and Eastern Europe.

Modern-Expo is a privately owned company which has been operating in Ukraine for over 20 years, and which expanded to Belarus in 2014. Around 65% of company's revenues are generated from export sales to more than 60 countries around the world. It supplies its products to major international retailers including Auchan, Carrefour, Billa, and Nestle, among others.

According to Asters, the seven-year loan will be used to increase production volumes at the principal manufacturing sites in Lutsk (in Ukraine) and in Vitebsk (in Belarus) and to restructure the company's balance sheet.

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

 

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