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 agricultural producers, on an additional shares issue in the course of an increase of the registered capital up to UAH 210 million.
According to Aequo, "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 to support the bank’s liquidity and lending to agricultural producers.
Aequo acted as a sole legal adviser to Agroprosperis Bank and its shareholder on the matter. The scope of the firm'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 firm's team was led was supervised by Partner Yulia Kyrpa and led by Of Counsel Maryna Fedorenko, working in cooperation with the in-house lawyers of Agroprosperis Bank.
