NEWS (April 1, 2020)

AVELLUM advised EBRD

AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development in connection with a long term secured loan to LLC Novi Biznes Poglyady in the total amount of up to EUR 52.5 million.

NBP is a special project company, which owns and operates Riviera Shopping City, a shopping mall located in Odesa region. The loan proceeds provided by the EBRD will be used for the expansion of the shopping mall’s lease area, as well as for the financial restructuring of the NBP’s balance sheet.

The AVELLUM team was led by senior partner Glib Bondar with support from counsel Maksym Maksymenko, senior associate Tetiana Mykhailenko, associates Oleg Krainskyi, Anastasiia Zhebel, Daryna Mykhailenko, Mariana Veremchuk, Dmytro Radzivon, and Andriy Kornuta.

 

 

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