Baker & McKenzie acted as Ukrainian law counsel to the European Bank for Reconstruction and Development (EBRD) in connection with a new US$25 million term loan facility for Nibulon, Ukraine’s leading grain trader, logistic operator and exporter. This new transaction follows an EBRD syndicated loan facility of up to US$130 million to Nibulon which was signed in August of this year.

The loan should allow Nibulon to secure sufficient financing to support its operations at the time when availability of external funding to businesses is significantly reduced for Ukrainian businesses.

The Firm’s team was led by Kyiv Partner Ihor Olekhov with support from the associates Maksym Hlotov, Victoria Ischenko, Ganna Smyrnova and Serhiy Mykhaylyk.