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Sayenko Kharenko, Avellum, and White & Case Advise on EUR 349.3 Million Loan to Ukraine

Sayenko Kharenko, Avellum, and White & Case Advise on EUR 349.3 Million Loan to Ukraine

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Sayenko Kharenko and Clifford Chance have advised Deutsche Bank on a EUR 349.3 million facility extended to Ukraine under a World Bank guarantee. Avellum and White & Case advised the Ukrainian Ministry of Finance on the deal.

The financing was provided in the form of two tranches — one of EUR 53.2 million and one of EUR 296.1 million, maturing in four and ten years, respectively.

Sayenko Kharenko’s team was led by Counsel Igor Lozenko and Partner Anton Korobeynikov and included Junior Associates Oles Trachuk, Sofia-Maria Kuzminska and Nazarii Pylypchuk.

The Avellum team providing Ukrainian law advice to the Ukrainian government was led by Senior Partner Glib Bondar, supported by Counsel Taras Dmukhovskyy and Associate Oleg Krainskyi.

The White & Case team providing English law advice included Partners Ian Clark and James Hardy from London, Stockholm-based Counsel Michael Bark-Jones, and London-based Associate Sarah Goodwin.

Avellum at a Glance

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