Sayenko Kharenko acted as Ukrainian legal counsel to the International Finance Corporation (IFC) on the new risk-sharing facility for OTP Leasing, a leading leasing company in Ukraine. IFC will share half the risk on an aggregate portfolio of EUR 50 million to be extended to fund sectors such as agriculture, manufacturing, trade, energy, and logistics, focusing on sustainable energy solutions that enhance Ukraine’s energy resilience.
The risk-sharing facility will support OTP Leasing in extending new leases, particularly to underserved small and medium enterprises (SMEs) and larger companies (midcaps) that prioritize small-scale renewable energy generation and energy-efficient, sustainable projects, in particular climate-smart agriculture and green vehicles. As part of the project, a 10 percent capital expenditure buydown mechanism will incentivize lessees to choose sustainable solutions over more polluting alternatives.
IFC’s participation in the RSF and the capital expenditure buydown mechanism are supported through IFC’s Economic Resilience Action (ERA) Program for Ukraine, which includes a contribution from the United Kingdom’s Foreign, Commonwealth & Development Office.
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. In fiscal year 2025, IFC committed a record USD 71 billion to private companies and financial institutions in developing countries.
Sayenko Kharenko’s team was led by Igor Lozenko and included Oles Trachuk and Danylo Dashko.