CMS has advised EBRD, the largest international financial investor in Ukraine, on a loan of up to USD 35 million that will support Louis Dreyfus Company (LDC), the world’s largest agricultural trader, to establish its own railcar logistics business in Ukraine.

The investment is significant for EBRD in Ukraine where more than €13bn to date has been invested to facilitate projects for companies in key sectors. The funds from this loan will be used to acquire up to 1,000 grain-hopper railcars, which will allow grain-handling logistics while reducing truck transport and lowering annual CO2 emissions by 8,510 tonnes.

The CMS team was led by Mark Segall, Partner and Head of Finance CEE/CIS and was supported by Vyacheslav Ovechkin (Kyiv) and Monika Kowara (Warsaw), with additional support from Ivan Pshyk (Kyiv) and Eduard Scheenstra and Jenny Noordermeer (Amsterdam).

Mark Segall comments: “We are pleased to support EBRD on another significant investment in Ukraine. The investment will add significant capacity to facilitate grain-handling logistics and will undoubtedly boost Ukraine’s already considerable reputation as an agricultural leader in European markets.”

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For further information, please contact:

Darina Gordienko

CMS Cameron McKenna Nabarro Olswang

E:darina.gordienko@cms-cmno.com/+38044 3913377

NOTES TO EDITORS

About CMS

CMS provides clients with specialist, business focused advice in law and tax matters. With our 4,500 legal professionals across the world, working in sector-based teams and expert in project management, our focus is on our clients and fulfilling their objectives.

CMS is a full-service top 10 global law firm, based on the number of lawyers (Am Law 2018 Global 100). With 70+ offices in 40+ countries across the world, revenues totalled €1.36bn in 2018. CMS acts for the majority of the DAX 30, a large number of the FT European 500 and a number of Fortune 500 companies.

CMS provides a wide range of expertise across 19 expert practice and sector areas including Banking and Finance, Commercial, Competition, Corporate, Dispute Resolution, Employment, Energy, Funds, Intellectual Property, Life Sciences/ Pharmaceuticals, Real Estate & Construction, Tax and TMT.

For more information, please visit www.cms.law

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