NEWS (December 14, 2020)

EVERLEGAL advised Novopecherska School on EUR 10 million loan

EVERLEGAL acted as a legal counsel to Novopecherska School in relation to a loan agreement with the Black Sea Trade and Development Bank (BSTDB) for the amount of up to EUR 10 million for the construction of a school in the UNIT.City innovation park.

This agreement will enable the school to increase the number of students from 500 to 1,200 and provide them with all modern study conditions.

The team supported the process of attracting financing for Novopecherska School at all stages of negotiations and execution of transaction documents. The firm also provided comprehensive legal support to the school in the process of conducting by BSTDB of the due diligence procedure.

The EVERLEGAL project team was led by Andriy Olenyuk, partner, and consisted of lawyers Olha Horodniuk, Vasylyna Belo, and Ivan Sova.

Novopecherska School upholds the principles of equal opportunities and supports a scholarship program for gifted students from disadvantaged families. The new building will be located in the UNIT.City residential area.

 

 

 

 

 

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