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Asters Advises EBRD on EUR 15 Million Financing for Yuria-Pharm

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Asters has advised the European Bank for Reconstruction and Development on a EUR 15 million loan to Yuria-Pharm.

Yuria-Pharm is a Ukrainian pharmaceutical company.

According to Asters, the financing will support the company’s investment plans in both Ukraine and Uzbekistan. In Ukraine, Yuria-Pharm plans to certify its production under the EU Good Manufacturing Practice standard, install solar panels, and carry out critical IT upgrades. In Uzbekistan, the loan will be used to expand production facilities, install solar panels, and improve energy efficiency.

Earlier, in 2020, Asters advised the EBRD on a EUR 25 million financing to Yuria-Pharm (as reported by CEE Legal Matters on July 1, 2020).

The Asters team included Partner Iryna Pokanay, Senior Associate Inna Bondarenko, and Associate Viktoria Zagreba.

Asters did not respond to our inquiry on the matter.

Asters at a Glance

Founded in 1995, Asters is the largest Ukrainian law firm with offices in Kyiv, Washington D.C., Brussels and London.

The Firm provides efficient transactional legal advice and represents clients on a broad spectrum of matters arising in the course of doing business in Ukraine. Asters has extensive industry-specific experience and plays a leading role in advising clients in various market sectors.

Asters’ 130-strong legal team combines world-class professionalism and quality with clear understanding of local realities so that our clients receive practically oriented advice in the most client-friendly manner. Asters’ lawyers received law degrees from the best European, Ukrainian and US law schools, including Yale, Harvard, Chicago University.

Asters has consistently remained at the top of the Ukrainian legal market throughout its history being acknowledged as Ukraine Law Firm of the Year by Who's Who Legal (2018-2022), The Lawyer European Awards (2020-2021), Chambers Europe Awards 2020 and holds top positions in the most authoritative international market reviews: The Legal 500, Chambers Global and Chambers Europe, IFLR 1000, Who's Who Legal, Best Lawyers.

Firm's website.