NEWS (May 7, 2015)

Integrites advised EBRD on increased loan to Nadezhda in Ukraine

Integrites has acted as legal counsel to the European Bank for Reconstruction and Development (EBRD) on the increase of a loan up to USD 16 million to Nadezhda, the Ukrainian nationwide operator of liquefied petroleum gas and petrol stations.The loan proceeds will be utilized to finance the working capital needs associated with the purchase of oil products and LPG and acquisition or construction of one or two LPG Depots in Ukraine.Integrites ensured the compliance of the English-governed documentation with the requirements of Ukrainian law, drafted and perfected the security package, and assisted with collecting CPs to the disbursement.The firm’s team was  led by partner, Oleksandr Aleksyeyenko, and included Yevgen Blok.

The publication was reprinted with the permission of CEELM. For original publication, please follow: http://ceelegalmatters.com/index.php/over-the-wire/legal-ticker-deals-and-cases-in-cee/item/2447-integrites-advises-ebrd-on-increased-loan-to-nadezhda-in-ukraine

 

 

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