Avellum has advised the Ministry of Finance of Ukraine on a CAD 400 million concessional loan from Canada.
According to Avellum, "this loan, with a repayment period of 10 years and an interest rate of 1.5% per annum, will support Ukraine in its current economic challenges. The loan, channeled through the International Monetary Fund’s Administered Account, will be used to finance Ukraine’s priority state budget expenditures."
The Avellum team included Senior Partner Glib Bondar, Managing Associate Mariana Veremchuk, and Associates Andrii Kroshko and Elina Kryhan.
Avellum did not respond to our inquiry on the matter.
Editor's Note: After this article was published, Sayenko Kharenko announced that it advised Canada on the loan. The firm's team included Partner Igor Lozenko, Senior Associate Oles Trachuk, and Paralegal Artem Medvetskyi.
