Avellum has advised the European Bank for Reconstruction and Development on a senior secured loan of up to EUR 2.5 million for the Polish campus of the Kyiv Medical University, a private higher educational establishment in Ukraine.
KMU is a private medical university in Ukraine offering programs in general medicine, dentistry, and pharmacy.
According to Avellum, the "funds from the EBRD loan will be utilized to complete the establishment of a new campus for KMU’s students in Poland. The project involves the refurbishment of the two recently acquired buildings in Poland and the acquisition of new equipment. Upon completion, the Polish campus will have the capacity to host over 2,000 Ukrainian and international students and provide more than 200 work placements."
Avellum previously advised the EBRD on an up-to EUR 50 million loan to Kyivskiy Metropolitan (as reported by CEE Legal Matters on April 9, 2021), on a long-term secured loan of up to EUR 52.5 million to Novi Biznes Poglyady (as reported by CEE Legal Matters on March 31, 2020), and on a senior secured loan of up to EUR 1.3 million to the Kyiv Medical University (as reported by CEE Legal Matters on December 3, 2018).
The Avellum team included Senior Partner Glib Bondar, Senior Associate Mariana Veremchuk, Associate Yaroslav Pavliuk, and Junior Associates Andrii Kroshko and Olha Harhola.