AVELLUM advised EBRD on first financing of academic institution in Ukraine
AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development in connection with a senior secured loan of up to EUR1.3 million to Private Higher Educational Establishment Kyiv Medical University .
The loan will be used by KMU to expand its dentistry and pharmacy education programs through the acquisition of a new campus building, which will accommodate additional 1,000 students per year.
The Project will be the first occasion when EBRD is financing an academic institution in Ukraine.
The AVELLUM team was led by senior partner Glib Bondar, with support from counsel Maria Tsabal and junior attorney Anna Kalabska.