Integrites Advises Nibulon on Up to USD 500 Million Multi‑Stage Restructuring

"Integrites advised Ukrainian grain exporter Nibulon on a multi-stage restructuring of up to USD 500 million, culminating in a USD 300 million bilateral facility workout with DEG, the European Investment Bank and the EBRD. Earlier 2024 phases restructured a USD 120 million IFC loan and an USD 80 million pre-export finance facility provided by a syndicate including ING, Credit Agricole, EBRD and FMO."

Integrites advised Ukrainian grain exporter Nibulon in a multi-stage restructuring process valued at up to USD 500 million. The transaction culminated in the completion of a USD 300 million bilateral facility workout involving DEG, the European Investment Bank and the European Bank for Reconstruction and Development. The latest stage covered the design and execution of a multilateral override agreement and the negotiation of related security, financing and guarantee documentation across multiple creditor tracks. This third phase finalizes a comprehensive 2024–2025 liability management programme for the company. Earlier phases completed in 2024 included a non-contentious restructuring of a USD 120 million loan facility extended by the International Finance Corporation and the restructuring of a USD 80 million pre-export finance facility provided by a bank syndicate comprising ING Bank, Credit Agricole, the EBRD and FMO. Integrites represented client Nibulon with a team composed by: Partner Igor Krasovskiy, Counsel Olena Savchuk, Senior Associate Yuriy Korchev, and Junior Associates Artem Suchenko and Tetiana Buslova.

Integrites Advises Nibulon on Up to USD 500 Million Multi‑Stage Restructuring

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