Integrites International Law Firm acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) on USD 12 mln. secured loan to one of the subsidiaries of the agri-industrial holding Astarta-Kyiv.
The loan is part of a long-term financing relationship between Astarta-Kyiv and EBRD. The proceeds of the loan will be used for the construction of a biogas production unit at the site of the Globino sugar plant in the Poltava region.
Integrites’ advised EBRD on all Ukrainian legal and regulatory aspects of the transaction. Integrites’ team included associates Yevgen Blok, Svitlana Berezhna and was led by partner Oleksandr Aleksyeyenko.
Astarta-Kyiv is a vertically integrated agri-industrial group, which comprises regional subunits in Poltava, Vynnytsia, Kharkiv and Khmelnytsky regions and is one of the leaders of the sugar, milk and agricultural sectors of Ukraine.