NEWS (June 19, 2017)

Asters advised International Finance Corporation

Asters acted as a Ukrainian law counsel to International Finance Corporation (IFC), a member of the World Bank Group, in connection with up to USD 100 million loan to Nibulon, one of the largest Ukrainian grain and oilseeds originators and exporters.

IFC will provide up to USD 60 million for its own account in debt financing, and mobilize approximately USD 40 million in debt from other lenders. The financing will be used for modernization and expansion of Nibulon’s port transshipment terminals and also to refinance short-term debt.

Asters' banking and finance team advising on the project consisted of partner Iryna Pokanay, counsel Gabriel Aslanian and associate Inna Bondarenko.

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