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Clifford Chance advises the EBRD on a senior secured loan of USD 15 million to Obolon

22 October 2014

Clifford Chance advises the EBRD on a senior secured loan of USD 15 million to Obolon

International law firm Clifford Chance has advised its longstanding client, the European Bank for Reconstruction and Development, in relation to a senior secured loan of USD 15 million to PJSC "Obolon", one of the largest Ukrainian producers of beer, soft drinks and locally extracted natural mineral water. PJSC "Obolon" has been operating on the market for more than 30 years.

The transaction team was lead by Managing Partner of Clifford Chance Kyiv, Jared Grubb, with significant support from Nadiya Shylienkova (Senior Associate) and Taras Stadniichuk (Junior Associate).

Commenting on the transaction, Jared Grubb said, "We are pleased to support our client in its continuing efforts to finance strong local companies in Ukraine".