Asters acts as a Ukrainian law counsel in connection with European Bank for Reconstruction and Development USD 10 million loan to a Sevastopol-based shipping company Yugreftransflot. This funding is to be used to finance acquisition of two multi-purpose dry cargo vessels. This project is a part of Yugreftransflot's diversification strategy and is intended to support the company's plan to expand its business from the traditional reefer sector into the regional dry cargo transportation. Yugreftransflot will also implement significant institutional and environmental initiatives, including introduction of a Corporate Governance Code and a greenhouse gas accounting and monitoring system.

Asters' team working on the project was led by partner Iryna Pokanay and included associates Gabriel Aslanian and Viktoria Zagreba.

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Asters is a full-service independent national law firm. With more than 15 years of experience the firm has one of the longest track records on the country's legal market. Asters is among the most recommended law firms for Ukraine according to reputable international legal directories The Legal 500, PLC Which Lawyer?, Chambers Global, IFLR 1000, and Ukraine's legal market research publications. A list of the firm's clients includes major international corporations, such as Boeing, Coca-Cola, Marathon Oil, Miele, News Corp., New Line Cinema, Nissan Motor, Nokia Corporation, Philip Morris, Renault, Telenor ASA, Toshiba Corporation, and the world's leading financial institutions ABN AMRO, Barclays Capital, Citibank, Credit Suisse, Deutsche Bank, EBRD, IFC, ING Bank, JP Morgan Chase, Standard Bank, Swedbank and the World Bank.