CMS advised KEXIM
International law firm CMS Cameron McKenna Nabarro Olswang has advised the Export-Import Bank of Korea (KEXIM), an export credit bank from South Korea, on extending its secured USD 36 million financing to Grain Terminal Holdings in Ukraine.
Grain Terminal Holdings is a Singapore-based joint venture between Posco International (Korea’s largest trading company) and the Orexim Group (the leading agricultural trans-shipment and exporting company in Ukraine) that operates the Ukrainian “MMW” grain terminal in Mykolaiv, Ukraine.
CMS’s role advising KEXIM is a testament to the firm’s excellent reputation acting on high-profile financings in the agriculture and infrastructure sectors in the Black Sea region. CMS Cameron McKenna Nabarro Olswang regularly advises on commodity financings in these sectors and has cutting-edge expertise in finding the right solutions for various types of financing in international trade transactions.
The CMS team was led by Elitsa Ivanova and Orest Matviychuk on English-law issues, and Ihor Olekhov on Ukrainian-law issues, together with Ivan Pshyk and Iryna Kravchenko (Kyiv), Daniel Tan and Eric Lai (Singapore) and Katerina Hristova (Sofia).
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