AVELLUM ADVISES THE MINISTRY OF FINANCE OF UKRAINE ON SOVEREIGN LOANS EXTENDED TO UKRAINE BY FRANCE AND CANADA

Newsroom

AVELLUM ADVISES THE MINISTRY OF FINANCE OF UKRAINE ON SOVEREIGN LOANS EXTENDED TO UKRAINE BY FRANCE AND CANADA

AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with:

  • a EUR300 million and a 15-year credit facility from the French Development Agency as lender – to finance the general purposes of the state budget of Ukraine in order to maintain essential social public services; and
  • a CAD500 million and a 10-year loan from Canada (represented by the Minister of Finance) as lender with Export Development Canada as administrative agent – to be used in a manner consistent with macroeconomic parameters and policy commitments made by Ukraine under its current IMF Program or subsequent IMF programs.

“These transactions were closed in record time due to seamless collaboration of all involved parties who clearly understood what was at stake. This financial support from international partners makes a vital contribution in maintaining the financial system stability and responding to social and economic consequences of Russia’s invasion of Ukraine”, – commented Glib Bondar, senior partner of AVELLUM.

AVELLUM team was led by senior partner Glib Bondar with support from senior associate Oleg Krainskyi and associates Anastasiia Zhebel, Oleksandra Mohylna, and Yaroslav Pavliuk.

Authors

GLIB BONDAR

Senior Partner

gbondar@avellum.com

YAROSLAV PAVLIUK

Associate

ypavliuk@avellum.com

Posted on May 5, 2022

The Antimonopoly Committee of Ukraine updates the Merger Regulation

The Antimonopoly Committee of Ukraine (“AMC”) has updated the Merger Regulation. This step is part of a more significant reform of Ukrainian antitrust law (find more information about the reform here). Below, we are sharing a brief overview of the main changes in the Ukrainian merger control landscape brought about by the antitrust reform and […]

Posted on February 28, 2024

AVELLUM acts as Ukrainian legal counsel to Stellantis on the acquisition of AI technologies and IP of CloudMade

AVELLUM acted as Ukrainian legal counsel to Stellantis N.V., a multinational automotive manufacturing corporation, in connection with acquiring the artificial intelligence framework, machine learning models and intellectual property rights and patents of CloudMade, a developer of smart and innovative big data-driven automotive solutions. CloudMade’s software technology will support Stellantis’ strategy of developing intelligent mobility products […]

Posted on February 13, 2024
Subscribe to our Newsletter
Back
Search results: