Asters advises EBRD on providing EUR 15 mln loan to Zelena Dolyna

Asters acted as a Ukrainian law counsel to the European Bank for Reconstruction and Development (EBRD) on up to EUR 15 mln secured loan to LIMITED LIABILITY COMPANY "AHROKOMPLEKS "ZELENA DOLYNA", a member of Zelena Dolyna Group, Ukraine's medium-size group of agricultural companies.

The EBRD loan will be directed at constructing a modern EU-compliant cattle farm, purchasing agri machinery as well as expanding the landbank and the existing grain silo capacity. This will help to improve the production efficiency of the agricultural group and enhance its competitiveness in the region.

This project is among multiple completed financing projects in the agricultural sector in Asters' track record. Previously the firm advised EBRD on providing loans to Grain Alliance Group, Lantmannen Axa, Enzym etc. Banking and Finance team advising on the project consisted of Partner Iryna Pokanay, Counsel Gabriel Aslanian and Associate Viktoria Zagreba.

The European Bank for Reconstruction and Development (EBRD) is the largest international financial investor in Ukraine. Since the start of its operations in the country in 1993, the Bank has made a cumulative commitment of more than EUR 15.5 bln through 507 projects.

Asters is the largest law firm in Ukraine with offices in Kyiv, Washington D.C., Brussels and London. Chambers Europe 2021 recognizes 23 lawyers of Asters – the largest number of the renowned practitioners in a single Ukrainian law firm.