Redcliffe Partners acted as Ukrainian legal adviser to European Bank for Reconstruction and Development in connection with an up to USD27 million short term secured loan to be provided to Nibulon LLC, one of the largest Ukrainian agricultural companies, for financing of the seasonal working capital needs of the Group's trading operations, in particular primary processing, storage and transportation of commodities and their subsequent sale for export.
Redcliffe Partners' role in the transaction included advice on Ukrainian law matters with regard to preparation and negotiation of the loan agreement, preparation and signing of security documents, security perfection, collection of conditions precedent, and issuance of the Ukrainian legal opinion.
Our team advising on the transaction consisted of Olexiy Soshenko, managing partner, Evgeniy Vazhynskiy, senior associate, and Eduard Olentsevych, associate.