Asters advises International Finance Corporation on over EUR 30 million financing to IMMER Group
January, 2018 - Kyiv, Ukraine
Asters acted as a Ukrainian law counsel to International Finance Corporation (IFC), a member of the World Bank Group, in connection with over EUR 30 million loan to IMMER Group, a leading Eastern European producer of flexible packaging.
IFC’s financing package, which includes 15 million euro in debt mobilized from other lenders, is designed to support growth of IMMER Ukrplastic, Ukraine’s largest manufacturer of flexible packaging materials whose production facilities are based in Kyiv. The project aims to strengthen the competitiveness of local industry, support job creation, and boost the growth of a competitive export-oriented company.
Asters' banking and finance team advising on the project consisted of Partner Iryna Pokanay, Counsel Gabriel Aslanian and Associate Inna Bondarenko.
