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AEQUO Advises KfW on Financing to OTP Leasing

21/ 06/ 2018
  AEQUO has acted as Ukrainian law counsel to KfW (Kreditanstalt für Wiederaufbau) – a German government-owned development bank – in connection with extension to OTP Leasing LLC, the leading Ukrainian leasing company, of a loan in the amount equal to USD 17 million. The loan will be utilized for financing leasing transactions with private Ukrainian small and medium-sized enterprises (SMEs) in agribusiness. Significantly, it is the first subordinated loan to a non-banking institution ever disbursed by KfW in Ukraine. AEQUOs lawyers assisted KfW in elaborating the structure of the transaction, preparing and negotiating the transaction documentation and issued the legal opinion in favour of KfW to confirm the validity and enforceability of the transaction documents. AEQUOs team comprised associate Glib Bukharin and senior associate Bohdan Dmukhovskyy, and was supervised by Yulia Kyrpa, partner and head of Banking and Finance. We are honored to have represented KfW in this very successful project in Ukraine. KfW’s loan is a significant support for OTP Leasing, enabling it to expand its leasing portfolio, and attract new financing from other international lenders. This transaction marks one more important milestone in the leasing market of Ukraine in addition to the UAH denominated loan by EBRD to OTP Leasing in 2017, which was also advised by AEQUO Team, said Yulia Kyrpa. About the firm AEQUO is an advanced industry-focused Ukrainian law firm made up of highly qualified, internationally recommended lawyers who work proactively to help their clients reach their business goals. Backed up by solid industry expertise and a thorough understanding of business we develop innovative strategies and provide efficient solutions to the most complex and challenging matters. AEQUO provides integrated legal support in areas such as antitrust and competition, banking and finance law, intellectual property, corporate and commercial law, mergers and acquisitions, taxation, litigation and international arbitration, and capital markets. The list of AEQUO’s representative clients includes leading Ukrainian and international companies and organizations, such as Agroprosperis, Apax Partners, Apollo, Bunge, DuPont, EBRD, European Commission, Google, Inditex Group, NCH Capital, Pioneer Hi-Bred International, Samsung Electronics, Sandvik, Synthon, Tetra Laval, Ukrainian Redevelopment Fund, UniCredit Group, Vodafone Ukraine etc. AEQUO has been named the Most Innovative Law Firm of the Year in Ukraine by IFLR Europe Awards 2018, Law Firm of the Year in Russia, Ukraine and the CIS by The Lawyer European Awards 2017 and one of the most innovative law firms in Europe according to the FT Innovative Lawyers 2015-2017. For additional information please contact Yuliya Chervonookaya Chervonookaya@aequo.ua, +380 44 490 91 00

AEQUO has acted as Ukrainian law counsel to KfW (Kreditanstalt für Wiederaufbau) – a German government-owned development bank – in connection with extension to OTP Leasing LLC, the leading Ukrainian leasing company, of a loan in the amount equal to USD 17 million. The loan will be utilized for financing leasing transactions with private Ukrainian small and medium-sized enterprises (SMEs) in agribusiness. Significantly, it is the first subordinated loan to a non-banking institution ever disbursed by KfW in Ukraine.

AEQUO’s lawyers assisted KfW in elaborating the structure of the transaction, preparing and negotiating the transaction documentation and issued the legal opinion in favour of KfW to confirm the validity and enforceability of the transaction documents.

AEQUO’s team comprised associate Glib Bukharin and senior associate Bohdan Dmukhovskyy, and was supervised by Yulia Kyrpa, partner and head of Banking and Finance.

“We are honored to have represented KfW in this very successful project in Ukraine. KfW’s loan is a significant support for OTP Leasing, enabling it to expand its leasing portfolio, and attract new financing from other international lenders. This transaction marks one more important milestone in the leasing market of Ukraine in addition to the UAH denominated loan by EBRD to OTP Leasing in 2017, which was also advised by AEQUO Team”, said Yulia Kyrpa.

About the firm

AEQUO is an advanced industry-focused Ukrainian law firm made up of highly qualified, internationally recommended lawyers who work proactively to help their clients reach their business goals. Backed up by solid industry expertise and a thorough understanding of business we develop innovative strategies and provide efficient solutions to the most complex and challenging matters.

AEQUO provides integrated legal support in areas such as antitrust and competition, banking and finance law, intellectual property, corporate and commercial law, mergers and acquisitions, taxation, litigation and international arbitration, and capital markets.

The list of AEQUO’s representative clients includes leading Ukrainian and international companies and organizations, such as Agroprosperis, Apax Partners, Apollo, Bunge, DuPont, EBRD, European Commission, Google, Inditex Group, NCH Capital, Pioneer Hi-Bred International, Samsung Electronics, Sandvik, Synthon, Tetra Laval, Ukrainian Redevelopment Fund, UniCredit Group, Vodafone Ukraine etc.

AEQUO has been named the Most Innovative Law Firm of the Year in Ukraine by IFLR Europe Awards 2018, Law Firm of the Year in Russia, Ukraine and the CIS by The Lawyer European Awards 2017 and one of the most innovative law firms in Europe according to the FT Innovative Lawyers 2015-2017.

For additional information please contact Yuliya Chervonookaya

Chervonookaya@aequo.ua, +380 44 490 91 00

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