NEWS (June 11, 2019)

AEQUO advised the European Fund for Southeast Europe

AEQUO has acted as Ukrainian law counsel to the European Fund for Southeast Europe - the Luxembourg-based fund, which focuses on the development of local financial sectors in Southeast Europe and parts of Central Asia by providing long-term funding for micro- and small enterprises (MSEs) as well as private households, on granting of a USD 10 million loan to OTP Leasing LLC, the leading Ukrainian leasing company.

Kreditanstalt für Wiederaufbau (KfW), a German government-owned development bank, is the initiator of the EFSE.

The loan will be directed to financing leasing transactions with Ukrainian MSEs which are engaged in agriculture, livestock and agro-processing or have their main business operations in rural areas (agribusiness).

AEQUO's team comprised associate Olesia Mashtaler and counsel Bohdan Dmukhovskyy, who worked under supervision of Yulia Kyrpa, partner and head of Banking and Finance of the firm. AEQUO team assisted EFSE in preparing and negotiating the transaction documentation and issued legal opinion in EFSE’s favor to confirm the validity and enforceability of the transaction and supporting documents.

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