US-Ukraine Business Council

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May 2012
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Asters Advises Česká Exportni Banka on the Loan Agreement with Ukrainian Glass Producer

Asters, Kyiv, Ukraine
16 January, 2012


Asters acted as a legal advisor to Česká Exportni Banka (CEB), one of the leading Czech banks, in connection with providing USD 11.5 million secured loan to Volnogorskoe steklo Ltd, a major Ukrainian glass producer.

This is a third CEB investment in the leading Ukrainian glass producer to finance equipment purchase and reconstruction of the glass factory.

Asters' team working on the transaction consisted of partner Iryna Pokanay and associate Yulia Spolitak.

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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 young 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 Boeing, 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.

 

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