CMS Cameron McKenna in Kyiv is pleased to announce that it has advised the European Bank for Reconstruction and Development (EBRD) on two financing projects in Lviv and Chernivtsi aimed at developing and renewing the critical fast tram system and district heating utilities in those cities. 

€6 million and €10 million loans have been provided to Lviv and Chernivtsi communal enterprises subject to the issuance of city council guarantees.

The Ukraine office of CMS Cameron McKenna has also advised the EBRD on municipal infrastructure projects in other Ukrainian cities, including Enerhodar, Cherkasy, Ivano-Frankivsk, Lutsk, Odesa, Poltava, Ternopil, Vinnytsya and Zhytomyr.

Commenting on the cooperation with the EBRD, Daniel Bilak, Managing Partner of CMS Cameron McKenna, Kyiv said: “We are very pleased to support the EBRD in its efforts to improve the infrastructure of cities across Ukraine." 

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For further information, please contact: Darina Gordienko, CMS Cameron McKenna, E:darina.gordienko@cms-cmck.com/+38044 3913377

About CMS

CMS is a full-service top 10 global law firm, based on the number of lawyers (Am Law 2013 Global 100). With 59 offices in 33 countries across the world, revenues totalled €842m in 2013. CMS acts for the majority of the DAX 30, a large number of the FT European 500 and a number of Fortune 500 companies.

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For more information, please visit www.cmslegal.com

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