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Lawyer

Liudmyla Stryzhak

Lawyer

Liudmyla Stryzhak is a lawyer in the Banking & Finance practice at CMS Ukraine. She advises international financial institutions and domestic clients, including commercial banks, fintech companies and private entities, on a broad range of financing and regulatory matters.

Liudmyla has been involved in high-profile transactions, including the landmark acquisition of Datagroup-Volia, Ukraine’s leading fixed telecom and pay TV provider, and the lifecell transaction. She has also participated in major project financing deals involving the EBRD, IFC, EIB, Swedfund, BSTDB and other international financial institutions.

Her experience spans cross-border financing, capital markets transactions and regulatory matters. She has particular expertise in project finance, including municipal infrastructure projects, as well as projects in the energy and agriculture and sectors.

Relevant experience

  • Scatec ASA, a leading Norwegian renewable energy company, on the EUR 100m project financing provided by European Investment Bank, the European Bank for Reconstruction and Development and Banca Comercială Română for its 190 MW solar portfolio “Dobrun & Sadova” in Romania
  • a syndicate of International Finance Institutions (IFIs) including European Bank for Reconstruction and Development, International Finance Corporation and Black Sea Trade and Development Bank, on EUR 157m financing provided to OKKO Group for the construction and operation of a private wind power project that aims to boost Ukraine’s energy security
  • IFU on its EUR 7m investment in Bank Lviv in the form of subordinated debt. Bank Lviv provides targeted financing to small- and medium-sized companies, serving around 45,000 customers in areas such as manufacturing, trade and agribusiness
  • Green for Growth Fund on equity (minority stake acquisition) and debt investment in a Ukrainian company holding the project rights essential for the development, construction, and operation of a solar power plant
  • ING Bank N.V. on a USD 70m working capital credit facility to Ukraine’s Kernel Group, one of the country’s largest producer and seller of bottled sunflower oil and the world’s leading sunflower oil producer and exporter with a share of 10% in global export
  • Hansen Ukrainian Mission on the negotiation of a European Bank for Reconstruction and Development loan agreement of up to EUR 100m to develop a scalable and affordable housing platform in Ukraine
  • European Investment Bank on a EUR 300m loan agreement with Naftogaz Group to finance the purchase of natural gas, build long-term strategic reserves, and ensure stable winter supplies for households and businesses across Ukraine
  • European Bank for Reconstruction and Development on Ukrainian and English law aspects of a USD 25m senior loan to Varus Group, one of the leading food retail chains in Ukraine
  • ING Bank N.V. on yet another pre-export finance facility provided to a leading Ukrainian agricultural group

Education

2025 - Educational and Scientific Institute of International Relations, Taras Shevchenko National University of Kyiv, Bachelor's degree in international law

Insights by Liudmyla

CMS advised ING Bank N.V. on USD 70m working capital credit facility to Kernel Group

17 Feb 2026 2 min read
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