Aequo has advised Sberbank (Ukrainian subsidiary of Sberbank of Russia) on the restructuring of a multi-million loan facility granted to PJSC “Research and Production Enterprise “SMILA ELECTROMECHANICAL PLANT” - one of the largest Ukrainian producers of electric equipment for railway machines, large-capacity vehicles, municipal passenger electric transport, port facilities, and industrial lifting devices.
Aequo advised the lender on potential enforcement procedures, in Ukraine and abroad, negotiated the revised repayment terms, drafted the restructuring documentation as well as controlled the CPs’ fulfillment. Upon completion of the transaction Aequo issued a legal opinion in favor of the lender.
The firm’s team was led by Partner Yulia Kyrpa, head of Aequo’s Banking & Finance practice group, assisted by Senior Associate Denys Kulgavyi.