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Vasil Kisil & Partners Advises EBRD on Loan to UBC-Promo

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Vasil Kisil & Partners has announced that it provided legal advice to the EBRD on its April 2013 loan of USD 10 million to UBC-Promo to provide financing for its expansion of existing manufacturing facilities and construction of a new product line.

Vasil Kisil & Partners advised on Ukrainian law matters with regard to the project, including drafting of the transaction documents and issuing a legal opinion for the EBRD. The firm’s team was led by Partners Oleg Alyoshin and Yulia Kyrpa, who were assisted by Senior Associate Anna Sisetska. 

The EBRD has been advised in other deals by Asters (see April 24, 2014 and December 20, 2013) and Dentons (see March 17, 2014). The bank also purchased a minority stake in Amtel Properties, a deal in which Vasil Kisil & Partners represented the seller (March 27, 2014)