NEWS (November 13, 2015)

Asters advises IFC on USD 35 million financing to Astarta

Asters acts as a legal counsel to International Finance Corporation (IFC) in connection with committed and anticipated facilities of up to USD 35 million in total to one of the largest agricultural producers in Ukraine – Astarta.

IFC will provide corporate financing to Astarta in the form a working capital loan, which will allow Astarta to procure soybeans at the time of harvest for further processing at its soy crushing facility. Astarta will then process this soybean inventory into soy meal, soy oil and husk, thus creating higher value-added products.

Asters' banking and finance team advising on the project consisted of partner Iryna Pokanay, counsel Gabriel Aslanian and associate Inna Bondarenko.

 

 

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