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Aequo Advises EBRD on USD 20 Million Secured Loan to Astarta Group

Aequo Advises EBRD on USD 20 Million Secured Loan to Astarta Group

Ukraine
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Aequo has acted as Ukrainian legal counsel to the EBRD in connection with a USD 20 million secured loan granted to Ukrainian subsidiaries of the Astarta Group, Ukraine’s leading agribusiness operator and sugar producer.

The proceeds from the loan will be utilized for Astarta's working capital needs. According to Aequo, "Astarta is going to employ modern IT solutions necessary for the precision farming it is promoting in Ukraine. In the context of the project, Astarta will also offer a high quality, comprehensive training program to high school graduates and students willing to work in the agribusiness sector in Ukraine."

In addition to Aequo, the project included English, Dutch and Cypriot law matters.

The financing is provided within the framework of long-standing cooperation between EBRD and Astarta, which included previous loans in 2016 as reported by CEE Legal Matters on August 23, 2016 and earlier this year as reported on January 25, 2018, both of which Aequo also worked on.

Aequo's team consisted of Senior Associate Bohdan Dmukhovskyy and Associate Glib Bukharin, supervised by Partner Yulia Kyrpa. 

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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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