Sayenko Kharenko Advises EBRD on EUR 25 Million Loan to OTP Leasing in Ukraine

Sayenko Kharenko Advises EBRD on EUR 25 Million Loan to OTP Leasing in Ukraine

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Sayenko Kharenko has advised the EBRD on a EUR 25 million financing to OTP Leasing to support micro, small, and medium-sized enterprises in Ukraine.

According to Sayenko Kharenko, “the funding will enable OTP Leasing to finance long-term leases to MSMEs both in Ukrainian hryvnia and/or in euros.” The firm reported that the funding is available under the EU4Business-EBRD Credit Line with incentives, and that the lessee companies will be eligible to receive grants funded by the European Union only after they successfully implement their investment project.

This marks the second recent transaction Sayenko Kharenko has advised the EBRD on, after its assistance with the EBRD's provision of a EUR 100 million loan to Novus in November 2020 (as reported by CEE Legal Matters on November 23, 2020).

Sayenko Kharenko’s team consisted of Partner Igor Lozenko, Associate Vira Pankiv, and Junior Associate Oleksandr Motin.