February 2020 – Kinstellar has acted as Ukrainian legal counsel to DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, a development finance institution and subsidiary of KfW Bankengruppe, headquartered in Cologne, Germany, in connection with a USD 20 million credit facility for Nibulon, a leading agricultural commodities exporter and producer in Ukraine. Nibulon is also well-known for being an active proponent of inland water transportation and a major investor into Ukraine’s inland waterways infrastructure and fleet.

In addition to the work that is usual for this type of transactions, Kinstellar’s team has also extensively advised DEG on mortgage of ships as well as on various types of vessels related insurance.

Kinstellar’s team advising on the transaction was led by Andriy Nikiforov, Counsel and Head of the Banking & Finance in Kyiv, and included Anna Kalinichenko (Senior Associate, Banking & Finance), Oleksiy Burchevskyy (Knowledge Lawyer, Maritime and Transport Law), Oleh Andreikiv (Senior Associate, Corporate) and Viktoria Pysmenna (Associate, Real Estate).

For more information please contact Andriy Nikiforov, Counsel, at andriy.nikiforov@kinstellar.com.