CMS advises EBRD on green logistics loan
CMS Cameron McKenna, Kyiv, Ukraine,
Fri, Oct 25, 2019
CMS has advised EBRD, the largest international financial investor in Ukraine, on a loan of up to USD 35 million that will support Louis Dreyfus Company (LDC), the world’s largest agricultural trader, to establish its own railcar logistics business in Ukraine.
The investment is significant for EBRD in Ukraine where more than €13bn to date has been invested to facilitate projects for companies in key sectors. The funds from this loan will be used to acquire up to 1,000 grain-hopper railcars, which will allow grain-handling logistics while reducing truck transport and lowering annual CO2 emissions by 8,510 tonnes.
The CMS team was led by Mark Segall, Partner and Head of Finance CEE/CIS and was supported by Vyacheslav Ovechkin (Kyiv) and Monika Kowara (Warsaw), with additional support from Ivan Pshyk (Kyiv) and Eduard Scheenstra and Jenny Noordermeer (Amsterdam).
Mark Segall comments: “We are pleased to support EBRD on another significant investment in Ukraine. The investment will add significant capacity to facilitate grain-handling logistics and will undoubtedly boost Ukraine’s already considerable reputation as an agricultural leader in European markets.”
For further information, please contact:
CMS Cameron McKenna Nabarro Olswang
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