Sayenko Kharenko has provided Ukrainian legal counsel to Deutsche Bank on a EUR 529 million facility extended to Ukraine under a World Bank guarantee.
The financing was provided in the form of two tranches, of EUR 240 million and EUR 289 million, maturing in four and ten years respectively.
Earlier, Sayenko Kharenko advised Deutsche Bank on a EUR 349.3 million facility to Ukraine on similar terms (as reported by CEE Legal Matters on February 13, 2019). Through both transactions, the Ministry of Finance of Ukraine has attracted a total of around USD 1 billion.
The Sayenko Kharenko team was led by Counsel Igor Lozenko and included Associate Oles Trachuk and Junior Associate Nazarii Pylypchuk.
Sayekno Kharenko did not reply to our inquiries about the deal.