The Law Firm "YUST" advised a large Israeli development group in the transaction on the raising of bank financing.

Lawyers of the Law Firm "YUST" successfully advised “Basilica Estate Development”, a large development group with headquarters in Israel and Cyprus. The Law Firm "YUST" represented the developer in a multimillion dollar transaction on the raising of a bank loan from an Austrian bank, which is a member of a leading international banking group.

Artem KUKIN, Partner of the Law Firm "YUST", headed a team of lawyers working on the transaction. He commented, ‘The participation in this project was especially pleasant to us, given that amidst the global financial crisis which seriously abridged a number of transactions on the raising of bank financing, this succeeded transaction will make it possible for our client to continue investing into Russian economics and to run safely the existing development projects in Moscow’.