AEQUO advised AlmaStone on DWR-secured lending transaction to the group of grain trading companies


KYIV —SEPTEMBER 30, 2021. AEQUO has advised a foreign direct financing business, AlmaStone, that provides secure, short to medium duration trade finance facilities, on Ukrainian law matters of granting a USD 10-million loan to the group of grain trading companies. The loan is secured by grains and oilseeds that are pledged on the basis of double warehouse receipts.

It is the second lending transaction of AlmaStone in Ukraine and another successful step towards the growth of its business in CEE region and Ukraine.

AEQUO lawyers assisted with the drafting and execution of the security agreements and other Ukrainian governed transaction documents, as well as conducted legal due diligence of the group of grain trading companies and assisted with the completion of the transaction. Beyond Ukrainian law, the project included English, Cyprus, and Cayman Islands law matters.

“Our team is very proud to have assisted AlmaStone in this lending transaction in Ukraine and their successful development of the Ukrainian market. The presence of a larger number of foreign lenders helps to create more favorable market conditions for foreign lending for agribusiness and, accordingly, has a beneficial effect on the development of Ukrainian agribusiness in the face of economic difficulties caused by the ongoing global pandemic of COVID-19”, comments Yulia Kyrpa.

AEQUO project team included counsel Bohdan Dmukhovskyy and associate Anna Potapova, who worked under the supervision of Yulia Kyrpa, partner and head of banking and finance practice group.

 About the firm

Aequo is one of Ukraine’s top law firms serving industry leaders in transactional and dispute resolution matters.

AEQUO’s clients include leading Ukrainian and international companies and organizations, such as Bunge, Corteva, Darnitsa, DuPont, EBRD, EFSE, European Business Association, European Commission, Facebook, GlaxoSmithKline, Google, IFC, Inditex, Instagram, Kernel, Novo Nordisk, OLX, Posco International, ProCredit Bank, Raiffeisen Bank, Schenker, Samsung, Sandvik, UniCredit, Vodafone Ukraine.

AEQUO has been named the Most Innovative Law Firm of the Year in Ukraine by IFLR Europe Awards 2018, by 2017 The Lawyer European Awards as the Law Firm of the Year in Russia, Ukraine, and the CIS region, and one of the most innovative law firms in Europe according to the FT Innovative Lawyers 2015-2020.

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