08
Tue, Oct
102 New Articles

Avellum Advises DTEK Renewables Finance on Extension of Green Eurobonds Maturity

Ukraine
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Avellum has advised DTEK Renewables Finance on a successful consent solicitation in relation to its EUR 325 million 8.50% senior notes due 2024.

According to Avellum, "the consent solicitation in relation to the notes resulted in the extension of the notes’ maturity by three years – from November 2024 to November 2027. Noteholders also supported the proposals related to the development of the second phase of DTEK Tyligulska wind power plant construction for 384 megawatts noting the crucial importance of the project for bolstering Ukraine’s energy capacity and addressing the severe damage inflicted on the country’s energy infrastructure due to the Russian ongoing attacks."

The Avellum team included Senior Partner Glib Bondar, Managing Associate Mariana Veremchuk, Associate Andrii Kroshko, and Junior Associate Olha Harhola.

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

 

Our Latest Issue