Redcliffe Partners has advised Landesbank Berlin on the restructuring of EUR 244 million financing provided to Wind Power, a Ukrainian operating asset of the DTEK Renewables Group. The financing was backed by a guarantee of EKF, the Danish export credit agency.
Doubinsky & Osharova (D&O)is reporting that, on September 21, 2016, the Kyiv Economic Court of Appeal rejected PJSC Sberbank’s argument that D&O’s client PJSC Oschadbank’s certificate for the use of the "Sberbank" sign for goods and services should be terminated. The appeal followed the earlier decision of the Economic Court of Kyiv and the State Intellectual Property Service of Ukraine, both of which had also found for Oschadbank.
Sayenko Kharenko acted as legal counsel to the European Bank for Reconstruction and Development on its provision of a USD 20 million loan to the subsidiaries of the Industrial Milk Company, a Ukrainian agricultural holding listed on the Warsaw Stock Exchange and involved in corn, sunflower, wheat, soybean, potato, and dairy farming.
Sayenko Kharenko has advised the EBRD on the development of a draft law introducing the concepts of bondholder meeting and "collective representative" (trustee) in the Ukrainian Securities Market Law (officially known as the Law of Ukraine "On Securities and the Stock Market" No. 3480-IV). The draft law was introduced to the Parliament on September 5, 2016, under registration No. 5068.