Arzinger advised on the refinancing of the largest shopping and entertainment mall in Western Ukraine
Arzinger's lawyers advised "SIRIUSPROJECT LVIV" LLC, a company of the group of the Italian developer King Cross Group Srl, on refinancing the shopping and entertainment mall "King Cross Leopolis" in Lviv.
King Cross Leopolis, having 105,000 sq. m., is the largest shopping and entertainment mall in Western Ukraine.
Our team represented the client at all stages of the project, from negotiating with lenders, to structuring the transaction, drafting transaction documents, and coordinating the transaction closing.
The project team included partners Oleksander Plotnikov and Markian Malskyy, as well as associates: Natalia Anokhina, Olena Ohonovska, and Kyrylo Senyshyn.
"Having splendid business relationships with the banks involved in the project and understanding the requirements and approaches, we were able to close the project on short notice and give all stakeholders careless New Year holidays," Oleksander Plotnikov, Head of the Banking and Finance Practice at Arzinger,said.
Markian Malskyy, Head of the West Ukrainian Branch, noted that it was another good example of the coordinated work of the company’s Kyiv and Western Ukrainian offices and confirmed Arzinger’s being No. 1 in Western Ukraine.
Arzinger is a leading Ukrainian independent law firm providing high quality legal services to top international and domestic companies since 2002. The firm is headquartered in Kyiv and maintains two offices in Western and Southern Ukraine, which allows offering legal advice and support to clients throughout Ukraine.