INTEGRITES advised Khlibni Investytsii on USD 3 mln financing for the construction of a new production line

INTEGRITES advised Chanta Mount, a subsidiary of the leading Ukrainian bakery producer Khlibni Investytsii, on USD 3 mln financing extended by Raiffeisen Bank International for construction of a new production line.

The construction of the new production line with the total capacity of 600 kg of bread products per hour will allow to increase the volume of the automated production of frozen semi-finished puff pastry and to strengthen the holding’s position in the local market.

INTEGRITES provided comprehensive legal support of the project – from negotiations with a number of international banks, export credit agencies and suppliers of the manufacturing equipment up to the successful closure of the transaction. INTEGRITES pitched the financial model of the project to the creditors, advised on the transaction structure as well as all finance and project agreements.

Led by Partner Igor Krasovskiy, the team working on the deal included Senior Associate Yuriy Korchev and the firm’s analytical department.