NEWS (March 25, 2020)

Sayenko Kharenko advised EBRD on EUR 15 million financing to OTP Leasing

Sayenko Kharenko has acted as a Ukrainian legal counsel to the European Bank for Reconstruction and Development on providing a four-year loan of up to EUR 15 million equivalent to OTP Leasing. The loan will be available for disbursement as a UAH synthetic and/or a EUR denominated facilities. It will enable OTP Leasing to finance long-term leases to small and medium-size enterprises across Ukraine despite the current market situation caused by the outbreak of the coronavirus pandemic.

The funding will be available under the EU4Business-EBRD Credit Line provided in the context of the Deep and Comprehensive Free Trade Agreement between the EU and Ukraine.

Sayenko Kharenko’s team was led by partner Igor Lozenko and included associate Vira Pankiv and junior associate Oleksandra Maksymenko.

 

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