06
Fri, Dec
45 New Articles

Sayenko Kharenko Advises Banks on DTEK Renewables Green Bond Issuance

Sayenko Kharenko Advises Banks on DTEK Renewables Green Bond Issuance

Ukraine
Typography

Sayenko Kharenko has advised joint lead managers Raiffeisen Bank International and Renaissance Capital on the EUR 325 million Eurobond issue by DTEK Renewables, a first-ever issue of notes under the green bond framework by a business from Ukraine.

The notes issued by DTEK Renewables have a five-year tenor and bear interest at 8.5% per annum. The proceeds of the transaction will be used to sustain the group’s portfolio of renewable energy projects and its future extension

DTEK Renewables is a Ukrainian green energy producer with 950MW of installed capacity.

Sayenko Kharenko’s team was led by Counsel Igor Lozenko and included Associates Oles Trachuk, Denis Nakonechyi, and Yurii Dmytrenko and Junior Associates Vladyslava Mitsai, Oleksandra Maksymenko, and Sofia-Maria Kuzminska.

Sayenko Kharenko did not reply to our inquiry on the matter.

Our Latest Issue