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CMS Advises ING on USD 100 Million Loan to Nibulon

CMS Advises ING on USD 100 Million Loan to Nibulon

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CMS has advised the ING Bank N.V. on its provision of a USD 100 million three-year syndicated loan to Nibulon SA.

According to CMS, “ING acted as one of the mandated lead arrangers and also as bookrunner, facility and security agent, the local and offshore account bank.”

Nibulon SA is a subsidiary of Ukraine’s agribusiness company Nibulon Group. According to CMS, “the loan will be used to finance seasonal working capital needs associated with Nibulon’s trading operations.”

The CMS team included Ukraine-based Partner Ihor Olekhov, Counsel Kateryna Chechulina, Associates Khrystyna Korpan and Ivan Pshyk, and Lawyers Iryna Kravchenko and Olga Stetsenko; Bulgaria-based Partner Elitsa Ivanova; and Switzerland-based Partners Kaspar Landolt and Mark Cagienard and Counsel Dominique Gemperli.