Aequo has advised Portigon AG (Duusseldorf, Germany), UniCredit Bank Czech Republic and Slovakia, a.s. (Prague, Czech Republic), and other lenders on the restructuring of the multi-million loan facilities granted to an unidentified company in the Ukrainian automotive industry. Allen & Overy advised on English, German, and Czech Republic elements of the restructuring.
"In particular," according to Aequo, the firm "advised the lenders on potential enforcement procedures, in Ukraine and abroad, negotiated the revised repayment terms, drafted the restructuring documentation as well as controlled fulfillment of conditions precedent to the restructuring transaction. Upon completion of the transaction Aequo issued a legal opinion in favor of the lenders."
“This was a complex and challenging restructuring, involving multiple parties from both sides and long- lasting negotiations," commented Aequo Partner Yulia Kyrpa, who heads the firm's Banking & Finance practice. "It further demonstrates exceptional legal expertise of AEQUO debt restructuring team. We are pleased to have supported the transaction that strengthens confidence in Ukrainian economy."
Kyrpa supervised the Aequo team, supported by Senior Associate Bohdan Dmukhovskyy.
Allen & Overy did not reply to our inquiry on the matter.
