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Kosta Legal advices EBRD on providing a EUR multimillion loan to a pharma company

Kosta Legal advices EBRD on providing a EUR multimillion loan to a pharma company
Thursday, 09 April 2020

Kosta Legal has successfully advised the European Bank for Reconstruction and Development (EBRD) on providing a EUR 5.1 mln loan to one of the Uzbekistan’s largest private pharmaceutical companies. Our lawyers have provided comprehensive assistance in structuring and negotiating the transaction and preparing loan and security agreements. One of particular challenges of the case was accommodating terms of the transaction and EBRD policy requirements with the borrower’s other lending arrangements, including a Sharia-compliant loan agreement with the Islamic Corporation for the Development of the Private Sector.

We would like to congratulate our banking and finance lawyers and all the engaged parties on successfully finalising this complex deal.