Redcliffe Partners has scored a courtroom victory for the Nordic Investment Bank (the “Bank“), the international financial institution of the Nordic and Baltic countries, at the Grand Chamber of the Supreme Court, whose ruling in this case sets one of the most resounding and important court precedents in the context of cross-border finance deals. The case concerned the recognition of…
Read MoreRedcliffe Partners acted as Ukrainian legal counsel to EBRD in connection with a EUR 13.8 million loan to be provided to Kokhavynska Paper Factory (KPF). KPF is one of the largest producers of recycled base paper and tissue in the country, and is located in western Ukraine. The financing will allow KPF to introduce the pulp-based tissue manufacturing which will…
Read MoreRedcliffe Partners has advised Nebras Power Investment Management BV (“NPIM”), a wholly owned Dutch affiliate of Nebras Power Q.P.S.C. (“Nebras Power”), in relation to its expansion into the Ukrainian power market with the acquisition of a stake in a number of solar projects operating under the feed-in tariff from UDP Renewables. The share purchase agreements were signed in Doha on…
Read MoreRedcliffe Partners has acted as legal counsel to leading Ukrainian HR tech product manufacturer Hurma System on attracting seed financing from the European venture capital firm Pragmatech Ventures. This is a pioneering investment for Pragmatech Ventures, which is intended to help Hurma System to enter international markets. Volodymyr Fedak, CEO and Founder of Hurma System, said that the company has…
Read MoreRedcliffe Partners acted as Ukrainian counsel to leading financial technology company YayPay, which specialises in accounts receivable automation solutions, in connection with the acquisition by Quadient, a leading manufacturer of mailing equipment and provider of mailing-related services, for a majority stake in YayPay Inc. Redcliffe Partners also advised on tax-related and competition law matters. The purchase price, excluding transaction-related costs,…
Read MoreRedcliffe Partners acted as Ukrainian legal adviser to the European Bank for Reconstruction and Development in connection with an up to USD27 million short-term secured loan to be provided to Nibulon LLC, one of the largest Ukrainian agricultural companies, for financing of the seasonal working capital needs of the Group’s trading operations, in particular primary processing, storage and transportation of…
Read MoreRedcliffe Partners has advised Saudi Basic Industries Corporation (SABIC) on obtaining merger clearance from the Ukrainian competition authority for the sale of 70% of the shares to Saudi Arabian Oil Company (Saudi Aramco), for a total purchase price of USD 69.1 billion. The seller of the shares was the Public Investment Fund of Saudi Arabia (PIF), the sovereign wealth fund…
Read MoreRedcliffe Partners acted as Ukrainian legal to EBRD in connection with an up to EUR 25 million term loan to be provided to Ukrainian State Air Traffic Services Enterprise towards working capital needs. Redcliffe Partners’ role in the transaction included reviewing and negotiating the loan agreement, collection of conditions precedent, and issuance of the Ukrainian legal opinion. Our team advising…
Read MoreRedcliffe Partners acted as Ukrainian legal adviser to a Dutch international financial institution in connection with an up to USD20 million term secured loan to be provided to Nibulon LLC, one of the largest Ukrainian agricultural companies, to finance purchase of grain and other agricultural commodities of the harvest campaigns of 2020 and 2021. Redcliffe Partners’ role in the transaction…
Read MoreRedcliffe Partners acted as a legal adviser to Citibank Ukraine in connection with a loan of up to USD30 million to Myronivsky Hliboproduct (“MHP”), one of the largest Ukrainian producers and exporters of agricultural products and poultry meat. The loan will be used to finance MHP’s working capital needs. The loan was negotiated and executed during the period of quarantine…
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