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Sayenko Kharenko Advises EBRD on EUR 25 Million Loan for ProCredit Bank

Sayenko Kharenko Advises EBRD on EUR 25 Million Loan for ProCredit Bank

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Sayenko Kharenko has advised the European Bank for Reconstruction and Development on providing a EUR 25 million equivalent loan to ProCredit Bank in Ukraine. 

According to Sayenko Kharenko, “ProCredit Bank will on-lend the proceeds of the loan to micro, small, and medium-sized enterprises in Ukraine to invest in equipment and technology that meets European Union standards for product quality, health and safety measures, as well as environmental protection. At least 70% of the funds will be dedicated to financing green technology.”

ProCredit Bank is a wholly-owned subsidiary of ProCredit Holding, based in Germany.

Sayenko Kharenko’s team was led by Partner Igor Lozenko and included Associate Denis Nakonechnyi and Junior Associate Oleksandr Motin.

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AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com


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