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Sayenko Kharenko advised Orexim on USD 36 million financing

21/ 08/ 2020
  Sayenko Kharenko has advised Orexim Group (Orexim) on a secured USD 36 million financing provided by Export-Import Bank of Korea (KEXIM) to Grain Terminal Holdings, a Singapore-based joint venture between Posco International and Orexim. Orexim is engaged in exporting agricultural products and providing port and logistics services. Starting as a small trading company in 2004, Orexim has developed into a large entity with over 1,000 employees. In 2019, Sayenko Kharenko advised Orexim on the sale of a controlling stake in its grain terminal business to Posco International and the establishment of a joint venture over the business. As a result of the transaction, Posco International became the first Korean entity holding operating rights to a grain storage facility overseas. The Export-Import Bank of Korea is an official export credit agency (ECA) providing comprehensive export loan and guarantee programs to support Korean enterprises conducting business overseas. Sayenko Kharenko’s cross-practice team was co-led by partners Igor Lozenko and Oleksandr Nikolaichyk with support from associates Denis Nakonechnyi and Ilhar Hakhramanov.

Sayenko Kharenko has advised Orexim Group (Orexim) on a secured USD 36 million financing provided by Export-Import Bank of Korea (KEXIM) to Grain Terminal Holdings, a Singapore-based joint venture between Posco International and Orexim.

Orexim is engaged in exporting agricultural products and providing port and logistics services. Starting as a small trading company in 2004, Orexim has developed into a large entity with over 1,000 employees.

In 2019, Sayenko Kharenko advised Orexim on the sale of a controlling stake in its grain terminal business to Posco International and the establishment of a joint venture over the business. As a result of the transaction, Posco International became the first Korean entity holding operating rights to a grain storage facility overseas.

The Export-Import Bank of Korea is an official export credit agency (ECA) providing comprehensive export loan and guarantee programs to support Korean enterprises conducting business overseas.

Sayenko Kharenko’s cross-practice team was co-led by partners Igor Lozenko and Oleksandr Nikolaichyk with support from associates Denis Nakonechnyi and Ilhar Hakhramanov.

This material is provided by a member company or partner organization of the European Business Association as part of an informational collaboration. The Association is not responsible for the accuracy, completeness, or reliability of the information presented. The views, opinions, and recommendations expressed in this material are solely those of the authors and do not reflect the official position of the European Business Association.

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