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Asters Advises the International Finance Corporation on a Cleaner Production Financing to Mriya
Asters, Kyiv, Ukraine, Tuesday, February 28, 2012
Asters acts as a legal counsel to the International Finance Corporation (IFC) in connection with a USD 5 million long-term financing to one of the largest agro holdings in Ukraine – the Mriya group of companies.
The financing is provided to Mriya within the framework of the IFC's Cleaner Production Lending Facility and constitutes a loan (CP Loan) aiming at improving the operational processes and resource and energy efficiencies at the Mriya sugar plant companies located in the Western part of Ukraine.
The CP Loan is extended in addition to the financing IFC provided to Mriya in 2010 and 2011, in which Asters also acted as a counsel to IFC.
Asters' banking and finance team working on this project includes partner Iryna Pokanay and 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.