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Asters Advises on Third IFC Loan to Nyva Pereyaslavshchyny

Asters Advises on Third IFC Loan to Nyva Pereyaslavshchyny

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Asters acted as Ukrainian law counsel to the International Finance Corporation in connection with a USD 20 million loan to Nyva Pereyaslavshchyny, Ukraine's second largest pork producer. 

The IFC's loan will allow Nyva to construct two new farms, operating in alignment with the EU's Animal Welfare Directive. The loan will also support the company's climate projects, such as installing biomass boilers and manure disposal systems.

Nyva Pereyaslavshchyny has been an IFC client since 2015. Apart from this transaction, Asters also provided legal support to IFC in connection with its investments in Nyva in 2018 and in 2020 (as reported by CEE Legal Matters on June 26, 2018, and July 22, 2020, respectively). According to Asters, "IFC's support enabled Nyva to create nearly 2,000 new jobs for rural workers and to pay taxes regularly, helping local communities to handle the COVID-19 crisis."

Asters’ team advising on this most recent loan consisted of Partner Iryna Pokanay, Counsel Gabriel Aslanian, and Associates Inna Bondarenko and Viktoria Zagreba.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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