Asters – legal counsel to IFC

Asters acted as a Ukrainian law counsel for the International Finance Corporation (IFC), a member of the World Bank Group, in connection with a loan of up to USD 100 million 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 modernizing and expanding Nibulon’s port transshipment terminals and also to refinance short-term debt.

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