You're reading: CMS advises EBRD on municipal/infrastructure projects in Lviv and Chernivtsi

CMS Cameron McKenna in Kyiv is pleased to announce that it has advised the European Bank for Reconstruction and Development on two financing projects in Lviv and Chernivtsi aimed at developing and renewing the critical fast tram system and district heating utilities in those cities.

€6 million and €10 million loans
have been provided to Lviv and Chernivtsi communal enterprises subject to the
issuance of city council guarantees.

The Ukraine office of CMS Cameron McKenna has also advised the EBRD on
municipal infrastructure projects in other Ukrainian cities, including
Enerhodar, Cherkasy, Ivano-Frankivsk, Lutsk, Odesa, Poltava, Ternopil,
Vinnytsya and Zhytomyr.

Commenting on the cooperation with the EBRD, Daniel
Bilak, Managing Partner said: “We are very pleased to support the EBRD
in its efforts to improve the infrastructure of cities across Ukraine.”

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For further
information, please contact
:
Darina Gordienko, CMS
Cameron McKenna, E:[email protected]/+38044
3913377

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