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Sayenko Kharenko Advises EBRD on EUR 50 Million Loan to Ukreximbank

Sayenko Kharenko Advises EBRD on EUR 50 Million Loan to Ukreximbank

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Sayenko Kharenko has advised the EBRD on its EUR 50 million loan to Ukrainian state-owned Ukreximbank, under the Resilience and Livelihoods Framework, to support companies and municipalities affected by Russia’s war on Ukraine.

Ukreximbank is one of three 100% state-owned systemically important banks in Ukraine. Founded in January 1992, it services a considerable proportion of export and import activities.

According to Sayenko Kharenko, the loan will fund various sub-projects that will help improve Ukreximbank’s clients’ operational, financial, and environmental performance. These sub-projects will primarily benefit businesses in essential sectors such as agribusiness/food security, energy, transport, and manufacturing.

The EBRD is Ukraine’s most prominent international financial investor. The bank has a cumulative EUR 18.4 billion invested in 535 projects nationwide, the firm reported.

The Sayenko Kharenko team was led by Partner Igor Lozenko and included Senior Associate Denis Nakonechnyi and Junior Associate Yevgen Koval.

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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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