Avellum has advised the European Bank for Reconstruction and Development on a senior EUR 70 million loan to New Post LLC – the principal operating subsidiary of Nova group.
Nova group offers a suite of logistics, financial, and related services to private clients and businesses.
According to Avellum, "this financing marks a critical step in supporting the resilience and expansion of Ukraine’s top express delivery service amidst ongoing war challenges. The borrower will use the loan proceeds to finance its long-term growth strategy, which includes expanding and upgrading its extensive network of parcel lockers and branches, acquiring new equipment, and implementing safety measures to protect employees and customers from the ongoing threats of shelling, bombings, and missile attacks during the war."
The Avellum team included Senior Partner Glib Bondar, Managing Associate Mariana Veremchuk, and Junior Associates Nikita Tipikin-Holovko and Olha Harhola.
Avellum did not respond to our inquiry on the matter.
