AEQUO advised the European Bank for Reconstruction and Development (EBRD) on the Ukrainian law matters of granting USD 25 million loan to Astarta, Ukraine’s leading agribusiness operator and sugar producer.

The proceeds of the loan will be utilized to develop and modernise the existing grain and sugar production infrastructure. In particular, the project involves the construction and acquisition of six grain storage facilities with a total capacity of 480,000 tones and the construction of one sugar storage facility with a total storage capacity of 50,000 tones. The new storage facilities will be located in Poltava and Khmelnitsky region. The financing is provided within the framework of long-standing cooperation between EBRD and Astarta.

AEQUO lawyers assisted with drafting and execution of the financing documentation and issued the legal opinion in favor of EBRD.

AEQUO project team included senior associate Yevgen Blok, who worked under the supervision of Yulia Kyrpa, partner and head of banking and finance practice group.