Sayenko Kharenko has acted as Ukrainian legal counsel to the Government of Canada in connection with the CAD 450 million loan to Ukraine. The loan with 10-year maturity is intended to support the purchase of necessary heating fuel by Ukraine before coming winter.
The financing was provided through International Monetary Fund’s (IMF) Multi-Donor Administered Account for Ukraine established earlier in 2022 with Canada playing a leading role in that effort. Following the disbursement, the aggregate amount of Canada’s invaluable support to Ukraine in 2022 has reached CAD 1.95 billion, which includes:
Sayenko Kharenko is proud to have been involved as Ukrainian legal counsel to the Government of Canada in connection with the mentioned loans that are a testament to Canada’s monumental support of Ukraine.
Sayenko Kharenko’s team was led by partner Igor Lozenko and included associates Oles Trachuk, Vladyslava Mitsai and Oleksandr Motin.