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Integrites and Redcliffe Partners Advise on Kovalska Group's EUR 27 Million Loan from Invest International

Integrites and Redcliffe Partners Advise on Kovalska Group's EUR 27 Million Loan from Invest International

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Integrites has advised the Kovalska Group on a EUR 27 million long-term secured loan from Dutch Invest International to finance the construction of a new aerated concrete production plant in Rozvadiv, Ukraine. Redcliffe Partners, working with the Amsterdam office of Clifford Chance, advised the lender.

According to Redcliffe Partners, Invest International Public Programmes B.V. acted on behalf and in the interests of The State of the Netherlands (The Minister for Foreign Trade and Development Cooperation) as the lender. Invest International is a joint venture between the Dutch Ministry of Finance and Dutch development bank FMO, established to achieve the UN’s Sustainable Development Goals.

According to Integrites, the loan is funded from the Dutch Good Growth Fund. "State-of-the-art autoclaved aerated concrete machinery and technology for the plant will be supplied by Aircrete Europe, from the Netherlands to Ukraine."

The Kovalska Group is a vertically-integrated construction material manufacturer and property developer in Ukraine.

Aircrete Europe is a developer and manufacturer of autoclaved aerated concrete machinery and technology for the production of AAC panels and blocks.

The Integrites team included Partner Igor Krasovskiy, Senior Associate Yuriy Korchev, and Associate Valentyna Solona.

The Redcliffe Partners team included Managing Partner Olexiy Soshenko and Associate Sevastian Viktoruk.

Integrites at a Glance

INTEGRITES is a full-service law firm with the head office in Ukraine, office in Kazakhstan, and representative offices in Germany and the UK.

We provide legal services to companies seeking comprehensive advice on large deals and major disputes, as well as day-to-day operation. INTEGRITES is highly recommended for its cross-border work (whether sophisticated transactions or complex dispute resolution) and for the projects in energy, in particular, renewable.

Our mission is to help companies concentrate on development of their business while we take care of the legal issues. With profound industry-focused expertise, we deliver legal solutions that add value to the business of our clients and help them successfully handle legal challenges.

In 15 years INTEGRITES has served more than 1000 clients from around the globe, including Fortune 500 companies and international financial institutions. Clients in our portfolio are recognized leaders in various industries: from manufacturing, pharmaceuticals, and retail to agriculture, logistics, and renewables. Currently 80% of the companies we serve are international.

INTEGRITES has been consistently recognized by the leading international legal directories and rankings: Chambers Global/Europe, The Legal 500 EMEA, Who’s Who Legal, IFLR 1000, Best Lawyers, FT Innovative Lawyers.

All News about, and Legal Analysis by, Integrites can be found here.

Firm's website: www.integrites.com