CMS advised ING on USD 30 million revolving facilities to Astarta
CMS has advised ING, one of its key clients, in connection with a bilateral USD 30 million revolving facilities to Astarta group for their export operations. The financing included USD 25 million pre-export revolving loan facility and USD 5 million multicurrency uncommitted guarantee/ letter of credit issuances revolving credit facility, both extended for a three years term. The deal is the continuation of successful long-lasting cooperation of Astarta and ING.
Congratulations to the team led by Mark Segall and Elitsa Ivanova, English law qualified partners, and Kateryna Chechulina, senior associate and Banking & International Finance practice coordinator and assisted by Khrystyna Korpan (Kiev) and Plamena Kostadinova (Sofia), with further support from CMS Amsterdam and CMS Zurich.