AVELLUM advised ING BANK N.V.
AVELLUM acted as the Ukrainian legal counsel to ING Bank N.V. in connection with a USD 100 million secured pre-export revolving loan facility to Myronivsky Hliboproduct Group provided by ING and Crédit Agricole Corporate and Investment Bank.
MHP is one of the leading agro-industrial companies in Ukraine, focusing on the production of poultry and the cultivation of grain. The loan proceeds were used for the purchase of sunflower seeds in the Ukrainian market for processing into sunflower meal consumed by MHP for production of fodder and oil for further export.
The AVELLUM team was led by partner, Glib Bondar, with significant support from senior associate, Taras Dmukhovskyy, and associates, Taras Stadniichuk, Pavlo Shevchenko, and Orest Franchuk.