CMS advises EBRD on municipal/infrastructure projects in Lviv and Chernivtsi
CMS Cameron McKenna in Kyiv 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 the cities.
Two loans of EUR 6 million and EUR 10 million have been provided to Lviv and Chernivtsi communal enterprises subject to the issuance of city council guarantees.