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Integrites Advises Ukrainian Finance Housing Company on Bridge Financing and Securitization

Integrites Advises Ukrainian Finance Housing Company on Bridge Financing and Securitization

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On April 8, 2024, Integrites announced it had been selected, alongside Latham & Watkins, to advise the Ukrainian Finance Housing Company on a bridge financing to be granted by international financial institutions and the subsequent securitization of mortgage loans.

According to Integrites, the bridge financing is expected to "help the UFHC to resume affordable mortgage lending, build up a robust portfolio of home loans, and, as soon as international capital markets become accessible, issue mortgage-backed international securities to raise additional liquidity from foreign investors." The UFHC has already entered into a strategic collaboration with JP Morgan and Alvarez & Marsal "to enhance mortgage lending and bring institutional and private investors to Ukraine."

The UFHC is a Ukrainian state-owned financial institution created to implement an affordable home mortgage lending program, eOselya, "designed to provide support for servicemen, veterans, combatants, healthcare professionals, scientists, teachers, displaced persons, and other low and middle-income Ukrainians willing to buy homes or improve their living conditions," the firm reported.

"The social and developmental impact of this project is huge as millions of Ukrainians, who lost homes due to ongoing war, desperately need affordable house loans to rebuild and buy new homes," Partner Igor Krasovskiy, who leads the Integrites team, commented. "We are very much looking forward to advising the UFHC on such a challenging high-impact project."

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