NEWS (August 2, 2010)

Avellum Partners advised OJSC Myronivsky Hliboproduct on USD 50 million loan from the EBRD

Avellum Partners acted as legal counsel to OJSC Myronivsky Hliboproduct (MHP) in connection with USD 50 million loan from the European Bank for Reconstruction and Development.

The loan will be used for the financing of the working capital requirements and certain energy efficiency improvements at the production facilities of MHP and its subsidiaries in Ukraine.

The Avellum Partners team was led by partner Glib Bondar with significant input from associate Vladyslav Golub.

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