AEQUO advised Raiffeisen Bank International
AEQUO has acted for Raiffeisen Bank International AG (RBI) on extension of ECA-covered finance in the amount of approximately EUR 4 million to EpiCentr Group.
Within the long-term cooperation of RBI with EpiCentr Group, Austrian bank has granted a five-year facility to Epicentr-K LLC to increase agrarian fleet of the agricultural division of the Ukrainian company. Total value of the transaction is approximately EUR 4 million.
This facility is covered by an export guarantee issued by Euler Hermes Aktiengesellschaft, which served as the export credit agency (ECA). Facility interest rate is fixed at the level of the EURIBOR 6 months plus margin.
AEQUO’s lawyers assisted RBI in strategy determination of the transaction structure, revising and negotiating the facility agreement and other transaction documentation and issued the legal opinion in favour of RBI.
AEQUO’s project team comprised associate Olesia Mashtaler and of counsel Denys Kulgavyi, who worked under supervision of Yulia Kyrpa, partner and head of Banking and Finance.
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