You're reading: CMS Cameron McKenna represented EBRD with respect to a EUR 10 million loan to Ternopilmiskteplokomunenergo

 CMS Cameron McKenna in Kyiv has successfully represented EBRD with respect to a EUR 10 million loan to Ternopilmiskteplokomunenergo. The loan, which will be guaranteed by the local municipality, is intended to finance a project to modernize Ternopil's central heating system. The team was led by Adam Mycyk, head of the banking and international finance practice of CMS Cameron McKenna in Kyiv, with assistance from associate Kateryna Chechulina and others.

 Adam Mycyk
comments: “It was a great opportunity for us to work on this financing
especially given that this is a pilot project in the Ternopil oblast and its
implementation will allow saving up to 15% of the volume of gas consumed in
Ternopil. We have already worked on a number of municipal financing
transactions with EBRD in recent years, and we hope to continue our work with
them on similar municipal financing projects.”

About CMS
Cameron McKenna in Kyiv
: CMS Cameron
McKenna opened its doors in Kyiv in September 2007 and was the first
UK-headquartered law firm to open in Ukraine. The office comprises of 30
lawyers, including four partners, and represents major international and
Ukrainian companies working in various sectors. We are consistently highly
ranked by the major international directories such as Chambers Global, IFLR, Legal
500, PLC Which Lawyer? and others. For the three years in a row CMS Cameron
McKenna in Kyiv has been awarded Best International Law Firm.