Aequo Advises on Additional Shares Issue within Capital Increase of Agroprosperis Bank

21 Липня 2017

AEQUO has advised Agroprosperis Bank, the Ukrainian asset of the private equity fund managed by NCH Capital (USA), focused on providing professional financing solutions to Ukrainian agri producers, on additional shares issue in the course of increase of the registered capital up to UAH 210 million.

Having successfully completed the capitalization procedure, Agroprosperis Bank fulfilled the legislative requirement as to mandatory increase of banks’ registered capitals up to 200 million by 11 July 2017.

The additional funds raised by the bank from its shareholder will be used for supporting the bank’s liquidity and lending to agricultural producers.

AEQUO acted as a sole legal adviser to Agroprosperis Bank, and its shareholder, on this matter. The scope of AEQUO’s assignment included drafting and negotiating all project-related documentation, preparing filings and supporting all registration/approval procedures with the National Bank of Ukraine and the National Securities and Stock Market Commission, as well as advising on legal matters of the shares issue procedure throughout the project.

The project was supported by of counsel Maryna Fedorenko, who worked under the supervision of partner Yulia Kyrpa, head of Banking and Finance, in cooperation with in-house lawyers of Agroprosperis Bank.