25
Thu, Apr
38 New Articles

CMS Advises KEXIM on Financing for Ukrainian Grain Port Terminal

CMS Advises KEXIM on Financing for Ukrainian Grain Port Terminal

Deals and Cases
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

CMS has advised the Export-Import Bank of Korea on a USD 36 million financing extension deal with Grain Terminal Holdings.

The extension is for a financing agreement from 2020 (as reported by CEE Legal Matters on August 11, 2020).

Grain Terminal Holdings is a Singapore-based joint venture between Posco International and the Orexim Group. According to CMS, Posco International is "Korea's largest trading company" while the Orexim Group is "the leading agricultural trans-shipment and exporting company in Ukraine."

"We are delighted to have supported our client KEXIM on the successful extension of its financing deal to Grain Terminal Holdings," commented Sofia-based CMS Partner Elitsa Ivanova. "This transaction demonstrates our ability to apply innovative legal structures that enable our clients to offer optimal financing solutions to businesses, especially in the agriculture sector."

The CMS team was led by Ivanova and Kyiv-based Senior Associate Orest Matviychuk on English law issues and by Partner Ihor Olekhov on Ukrainian law issues. It included Kyiv-based Associate Ivan Pshyk and Lawyer Iryna Kravchenko, Sofia-based Associate Katerina Hristova, and Singapore-based Director Daniel Tan and Associate Eric Lai.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.