AVELLUM advised BSTDB
AVELLUM acted as the Ukrainian legal counsel to the Black Sea Trade and Development Bank in connection with a long-term secured loan to LLC Butsefal and Prometey Swiss SA in the total amount of up to USD 10 million.
Part of the loan proceeds were used for the acquisition of a new silo in Mykolaiv region which has the total storage capacity of up to 62 thousand tonnes and is the first steel silo in the portfolio of Prometey group. The remaining loan proceeds are intended for the acquisition of another silo and general replenishment of working capital.
AVELLUM team was led by senior partner Glib Bondar with support from counsel Maksym Maksymenko, senior associate Tetiana Mykhailenko, associates Anastasiia Zhebel, Daryna Mykhailenko, Dmytro Radzivon, and Mariana Veremchuk.
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