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DLA Piper advises Ukrainian Bank Finance and Credit in Exchange Offer

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DLA Piper has advised Ukrainian Public Joint Stock Company Bank Finance and Credit in a refinancing transaction of USD 95 million Eurobonds, due in 2014, on matters of English, US, Ukrainian, and Dutch law.

Bank Finance and Credit has refinanced its Loan Participation Notes (LPNs) due in 2014 with the issuance of new USD 100 million 9.25% LPNs due in 2019 issued by Finance & Credit Ukraine BV through a successful exchange offer and consent solicitation process.

The transaction featured lawyers from DLA Piper's UK, Austrian, Ukrainian, and Netherlands offices. The team was led by Partners George Barboutis, Attila Csongrady, and Oleksandr Kurdydyk, and Senior Associate Alexander Kolmakov. VTB Capital was the Dealer Manager for the transaction and was represented by Freshfields and Avellum.

 

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

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