Redcliffe Partners advises on the extension of a secured facility to Kernel

Redcliffe Partners acts as Ukrainian law counsel to a security trustee, Natixis, that represents a group of lenders on the extension of a USD215 million secured facility to Kernel, a leading agricultural company in the Black Sea region.

Redcliffe advised on the Transaction and Security documents and the mandatory requirements under EU law from a Ukrainian law perspective.

Redcliffe has a long track record of advising on sophisticated agribusiness projects in Ukraine. In 2015 alone, Redcliffe assisted with a series of transactions involving leading agricultural producers and exporters including Astarta, COFCO and Louis Dreyfus.

Redcliffe’s team included Olexiy Soshenko, managing partner, Olesia Mykhailenko, junior associate, and Anatoliy Doludenko, junior associate.