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Asters Advises Creative Group on USD 255 Million Syndicated Loan Facility
Asters Law Firm, Kyiv, Ukraine, Tuesday, October 16, 2012
Asters acted as a Ukrainian legal counsel to Creative Group in connection with a USD 255 million syndicated loan facility from PJSC Ukrsotsbank, a member of Unicredit Group, VTB Capital PLC, Erste Group Bank AG and Societe Generale.
The facility will be used to finance the purchase, storage and processing of sunflower seeds into the commodities for sale on the domestic market and under the export contracts.
Creative is one of the largest agricultural groups in Ukraine with a vertically integrated corporate structure, a leader in Ukraine's fats and margarines market and one of the country's largest producers of bottled sunflower oil.
Asters' team working on this project included senior partner Armen Khachaturyan and associate Oleksiy Demyanenko.
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Asters is a full-service independent national law firm. With more than 15 years of experience the firm has one of the longest track records on the country's legal market. Asters is among the most recommended law firms for Ukraine according to reputable international legal directories The Legal 500, PLC Which Lawyer?, Chambers Global, IFLR 1000, and Ukraine's legal market research publications. A list of the firm's clients includes major international corporations, such as The Boeing Company, Coca-Cola, Marathon Oil, Miele, News Corp., New Line Cinema, Nissan Motor, Nokia Corporation, Philip Morris, Renault, Telenor ASA, Toshiba Corporation, and the world's leading financial institutions ABN AMRO, Barclays Capital, Citibank, Credit Suisse, Deutsche Bank, EBRD, IFC, ING Bank, JP Morgan Chase, Standard Bank, Swedbank and the World Bank.