Vasil Kisil & Partners acted as a legal adviser to Desnagrain LLC and its parent company Champagne Cereales, acting as a sponsor of the project, in negotiating the loan documentation with EBRD. In particular, Vasil Kisil & Partners reviewed and commented on the draft Revolving Loan Facility Agreement, the Sponsor Support Agreement and the Deed of Subordination, setting forth the priority of the borrower’s obligations towards EBRD as compared with the other debt obligations of the borrower towards a major French banking institution.