22
Sat, Sep
30 New Articles

Sayenko Kharenko Advises Toronto-Kyiv on Restructuring with of Alfa-Bank Loan

Sayenko Kharenko Advises Toronto-Kyiv on Restructuring with of Alfa-Bank Loan

Ukraine
Typography

Sayenko Kharenko has advised PJSC Toronto-Kyiv on the complex restructuring of a cross-border syndicated loan facility from PJSC Alfa-Bank raised to develop the Toronto-Kyiv Business Center located in downtown Kyiv.

With the amount of restructured debt of approximately USD 100 million, the deal is reported to be the biggest financial restructuring completed under the recently enacted Financial Restructuring Law of Ukraine.

The Toronto-Kyiv Complex, which is located in the heart of the historical & business district in Kyiv, consists of Class A office premises, retail space, restaurant areas, five floors of underground parking, and a Holiday Inn Kyiv hotel, managed by the InterContinental Hotels Group.

Sayenko Kharenko’s team was led by Counsel Oleksandr Nikolaichyk assisted by Associates Daryna Dashkevych, Oksana Daskaliuk, and Mykhailo Grynyshyn, under the general supervision of Partner Michael Kharenko. Partner Nazar Chernyavsky and Counsel Anton Korobeynikov advised on the application of financial restructuring procedures under the new law.

 

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

Our Latest Issue