Redcliffe Partners has acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development in connection with a EUR 13.8 million loan to the Kokhavynska Paper Factory.
KPF is a producer of recycled base paper products located in Western Ukraine. The financing will be used to increase its production capacity and improve operating efficiency. Improvements are to be made regarding water usage, carbon dioxide emissions, energy efficiency, and wastewater filtering.
The Redcliffe Partners team consisted of Managing Partner Olexiy Soshenko, Senior Associate Olesia Mykhailenko, and Associate Eduard Olentsevych.
KPF was advised by its in-house team on the matter.
Editor's note: After this article was published, CMS informed CEE Legal Matters that it had acted as English legal counsel to the EBRD on the matter. The firm's team included Partner Elitsa Ivanova and Associate Katerina Hristova in Sofia and Partner Ihor Olekhov and Senior Associate Orest Matviychuk in Kyiv.