Arias, Fábrega & Fábrega acted as counsel to ING Bank N.V. in a US$225 million secured revolving credit facility to Kernel - Trade LLC, secured in part by a series of guarantees issued by Panamanian companies.

Kernel is Ukraine's largest agricultural company with a vertically integrated corporate structure, a leader in the Ukraine's bottled sunflower oil and oil export market, one of the country's largest grain exporters.