NEWS (July 1, 2013)

Avellum Partners advised one of the leading Russian banks on USD 25 million loan facility to Arricano Real Estate

Avellum Partners acted as Ukrainian legal counsel to one of the leading Russian banks in connection with the USD 25 million loan facility to Arricano Real Estate. The loan funds will be used to develop new retail projects in Ukraine. Arricano Group owns and operates four shopping centres in Ukraine. The Avellum Partners team was led by partner Glib Bondar with significant support from associates Artem Shyrkozhukhov, Olena Polyakova, Gennadii Roschepii, Maria Detkova, and Yuriy Zaremba.

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