Asters Represents Aton Group in Connection with Mezzanine Financing

Asters acted as a legal counsel to Aton Group in connection with financing received from the mezzanine fund Volga River Growth (VRG). The financing will be used for development of the Ukrainian companies of Aton Group.

Aton Group is a leader in Ukraine's heat engineering market focused primarily on production and distribution of domestic and industrial heat engineering equipment both in Ukraine and CIS. VRG is a mezzanine focused fund with a target size of up to USD 300 million. It specializes in granting financing for the term of up to 5 years across CIS with its main focus in Russia, Ukraine and Kazakhstan. VRG fund's principal investor is the European Bank for Reconstruction and Development (EBRD).

Asters' project team included senior associate Yevgen Porada and associate Iryna Scherbyna headed by senior partner Armen Khachaturyan.