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Sayenko Kharenko, Avellum, and White & Case Advise on EUR 349.3 Million Loan to Ukraine

Sayenko Kharenko, Avellum, and White & Case Advise on EUR 349.3 Million Loan to Ukraine

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Sayenko Kharenko and Clifford Chance have advised Deutsche Bank on a EUR 349.3 million facility extended to Ukraine under a World Bank guarantee. Avellum and White & Case advised the Ukrainian Ministry of Finance on the deal.

The financing was provided in the form of two tranches — one of EUR 53.2 million and one of EUR 296.1 million, maturing in four and ten years, respectively.

Sayenko Kharenko’s team was led by Counsel Igor Lozenko and Partner Anton Korobeynikov and included Junior Associates Oles Trachuk, Sofia-Maria Kuzminska and Nazarii Pylypchuk.

The Avellum team providing Ukrainian law advice to the Ukrainian government was led by Senior Partner Glib Bondar, supported by Counsel Taras Dmukhovskyy and Associate Oleg Krainskyi.

The White & Case team providing English law advice included Partners Ian Clark and James Hardy from London, Stockholm-based Counsel Michael Bark-Jones, and London-based Associate Sarah Goodwin.