Sayenko Kharenko has advised the European Bank for Reconstruction and Development on a EUR 35 million finance package to the city of Kharkiv to help tackle the impact of the ongoing war.
According to Sayenko Kharenko, the package "includes a EUR 25 million loan extended by the EBRD under a partial guarantee from Spain, along with a EUR 10 million grant component contributed by the government of the United States of America. The emergency funds will be used to support Kharkiv’s key municipal utilities and public transport operators by addressing their critical liquidity needs to ensure the uninterrupted provision of essential public services amidst the ongoing war."
Earlier this year, Sayenko Kharenko advised EBRD on its EUR 12 million loan to the City of Kryvyi Rih (as reported by CEE Legal Matters on August 27, 2024), as well as on a EUR 60 million biofuel financing in Ukraine (as reported by CEE Legal Matters on June 24, 2024), and a EUR 20 Million equivalent Loan to Bank Lviv (as reported by CEE Legal Matters on June 19, 2024). In 2023, the firm advised the EBRD on a USD 30 million loan to Astarta Holding (as reported by CEE Legal Matters on September 7, 2023).
The Sayenko Kharenko team included Partner Igor Lozenko, Associate Oles Trachuk, and Junior Associate Polina Savinska.
