Asters Advises International Finance Corporation on USD 250 Million Financing to Myronivsky Hliboproduct

Asters, Kyiv, Ukraine,
Thursday, June 25, 2014

Asters acts as a Ukrainian law counsel to International Finance Corporation(IFC) in connection with USD 250 million financing to Myronivsky Hliboproduct(MHP), a vertically-integrated group of companies and the leading poultryproducer in Ukraine.

The loan will be used for refinancing of group's Eurobonds and developmentof the borrower. The financing package is IFC's largest investment in Ukrainesince 2008. It includes USD100 million in debt from IFC's own account and USD75million through the IFC Managed Co-Lending Portfolio Program, a newsyndications platform that offers institutional investors the ability topassively participate in IFC's future senior loan portfolio. Additionally, upto USD75 million is being raised from other lenders as syndicated loans.

Asters' team advising on the project consisted of partner Iryna Pokanay, counselGabriel Aslanianand associate InnaBondarenko.