CMS advised EBRD on green logistics loan
CMS has advised European Bank for Reconstruction and Development (EBRD), the largest international financial investor in Ukraine, on a loan of up to USD 35 million that will support Louis Dreyfus Company, the world’s largest agricultural trader, to establish its own railcar logistics business in Ukraine.
The investment is significant for EBRD in Ukraine where more than EUR 13 billion to date has been invested to facilitate projects for companies in key sectors. The funds from this loan will be used to acquire up to 1,000 grain-hopper railcars, which will allow grain-handling logistics while reducing truck transport and lowering annual CO2 emissions by 8,510 tonnes.
The CMS team was led by Mark Segall, partner and head of Finance CEE/CIS and was supported by Vyacheslav Ovechkin (Kyiv) and Monika Kowara (Warsaw), with additional support from Ivan Pshyk (Kyiv) and Eduard Scheenstra and Jenny Noordermeer (Amsterdam).