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Avellum Advises on USD 250 Million Loan to Energoatom

Avellum Advises on USD 250 Million Loan to Energoatom

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Avellum has advised the Ministry of Finance of Ukraine on the state-guaranteed USD 250 million loan extended to the "Energoatom" State Enterprise National Nuclear Energy Generating Company, which operates all nuclear power plants in Ukraine. Baker McKenzie advised Energoatom.

The loan will support the construction of the Central Spent Nuclear Fuel Storage Facility in the Chornobyl Exclusion Zone in Ukraine. It is funded through the issuance of loan participation notes in the United States capital markets and was arranged by Merrill Lynch, Pierce, Fenner & Smith. The Overseas Private Investment Corporation (OPIC), a United States Government agency, has issued an insurance policy on the loan. (As previously reported, Sayenko Kharenko advised both Merrill Lynch, Pierce, Fenner & Smith Incorporated and OPIC on Ukrainian law).

The Avellum team was led by Senior Partner Glib Bondar, with the support of Counsels Taras Dmukhovskyy and Vadim Medvedev, Senior Associate Anna Melnychuk, and Associates Orest Franchuk, Oleg Krainskyi, Oleksii Maslov, and Vladyslav Aleksandrov.

Baker McKenzie did not reply to an inquiry about the deal. 

 

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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