Asters advised International Finance Corporation
Asters acted as a Ukrainian law counsel to International Finance Corporation, a member of the World Bank Group, in connection with up to USD 20 million loan to Nyva Pereyaslavshchyny, a leading Ukrainian pork producer.
IFC is providing a long-term loan to finance Nyva’s working capital in an effort to limit potential input supply chain disruptions in meat production due to the COVID-19 pandemic, thereby supporting domestic food security.
The project is core to IFC’s strategy aiming to unleash the potential of Ukraine’s agribusiness sector and enable the country to play a more significant role in food security. Since 2004, IFC has committed over USD 3.3 billion in long-term financing in Ukraine across a diversified portfolio of projects and implemented a wide-ranging advisory program.
Asters’ banking and finance team advising on the project consisted of partner Iryna Pokanay, counsel Gabriel Aslanian and associates Inna Bondarenko and Viktoria Zagreba.