Leading international law firm Clifford Chance has advised Sberbank of Russia and Deutsche Bank AG on up to USD 600 million financing of a major Ukrainian agricultural company – Ukrlandfarming, one of Ukraine’s largest producers of corn and sugar. This loan is one of the largest syndicated loans in Ukraine for the past 20 years, which makes this transaction the most significant on the current market.

"We are delighted to have advised the lenders on this project. This is a very important transaction for the Ukrainian market and it is a tribute to all parties involved who were able to arrange this successful deal", says Clifford Chance Ukraine managing partner Jared Grubb, who led the team advising Sberbank and Deutsche Bank. The team for the transaction also included counsel Dmytro Fedoruk and associate Andriy Olenyuk.

Banking and finance practice of Clifford Chance provides highly commercial and practical advice across the full spectrum of financial products including syndicated lending and leveraged and acquisition finance, asset finance, derivative products, project finance, financial regulatory, insolvency, restructuring and structured finance.

Clifford Chance has been advising leading local and international companies in Ukraine since 1990. In 2008 the firm has expanded its presence in the market by opening office in Kyiv. Today Clifford Chance is one of the leading law firms in Ukraine. The office is comprised of partners and lawyers qualified in Ukrainian and English law, who have extensive experience advising on all core areas of commercial activity, including real estate, debt restructurings, corporate/M&A, banking and finance regulatory.