Avellum has advised Ukreximbank, the state export-import bank of Ukraine, and Goldman Sachs International as dealer manager, on a USD 316 million cash tender offer.
Ukreximbank is 100% state-owned bank acting as the sole financial agent of the Government of Ukraine with respect to loans from foreign financial institutions, which are borrowed or guaranteed by Ukraine.
According to Avellum, “Ukreximbank for the first time among Ukrainian issuers of Eurobonds carried out the tender offer transaction without the simultaneous placement of a new issue.”
Avellum’s team included Senior Partner Glib Bondar, Partner Vadim Medvedev, Senior Associates Anton Zaderyholova and Anastasiya Voronova, and associates Oleg Krainskyi, Anna Mykhalova, Anastasiya Zhebel, Mariana Veremchuk, Mykola Falko, Oles Bidnoshyia, Viktoria Bilenko, and Vladyslav Kostin.