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Sayenko Kharenko Advises on Second Trans-Oil Tap Issuance

Sayenko Kharenko Advises on Second Trans-Oil Tap Issuance

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Sayenko Kharenko has advised joint lead managers and joint bookrunners Citigroup, ING, and Renaissance Capital on the second USD 50 million tap issuance of 8.45% secured notes due 2026 by the Trans-Oil Group.

The Trans-Oil Group is a vertically integrated agro-industrial holding with operating facilities in Moldova, Ukraine, Romania, and Serbia. According to Sayenko Kharenko, the “additional notes will be consolidated with the existing USD 450 million notes that originally were issued in 2021, which will bring the size of the eurobond to a total of USD 500 million.” The firm also advised on Trans-Oil's original USD 400 million issuance (as reported by CEE Legal Matters on June 25, 2021) and on its first tap issuance (as reported on August 05, 2021 ).

Sayenko Kharenko’s team was led by Partner Igor Lozenko and included Associates Oles Trachuk and Vladyslava Mitsai and Junior Associate Oleksandr Motin.

The firm did not reply to our inquiry on the matter.