Deals

AEQUO acted as counsel to EBRD

AEQUO advised the European Bank for Reconstruction and Development on Ukrainian law matters on the granting of a USD 25 million loan to Astarta, Ukraine’s leading agribusiness operator and sugar producer. The proceeds of the loan will be utilized to develop and modernise the existing grain and sugar production infrastructure. AEQUO lawyers assisted with drafting and executing the financing documentation and issued the legal opinion in favor of the EBRD.

The AEQUO project team included senior associate Yevgen Blok, who worked under the supervision of Yulia Kyrpa, partner and head of the banking and finance practice group. 

Asters advised rail operator Ukrzaliznytsia

Asters, in unison with White & Case LLP (UK), acted as legal counsels to PJSC Ukrzaliznytsia, the Ukrainian public railway company, in connection with restructuring USD 500 million 9.875% loan participation notes due 2021. The reprofiling included amendments to the terms of a loan agreement due to adjusting the portfolio of Ukrzaliznytsia's local indebtedness. The advisory role provided by Asters included full legal support on Ukrainian law matters, including in relation with registration of amendments to foreign loans with the National Bank of Ukraine, assistance in negotiating and drafting transaction documents, and advising on banking and finance and other Ukrainian law matters.

Asters' project team consisted of senior partner Armen Khachaturyan and associate Olena Nikolenko.

AVELLUM advised PJSC Commercial Bank Center

AVELLUM advised PJSC Commercial Bank Center, a regional Ukrainian bank, and its sole shareholder Hamed Alikhani on increasing the charter capital of PJSC CB Center to UAH 200 million.

AVELLUM prepared all the documents for the issue of new shares by PJSC CB Center and the acquisition of such shares by Hamed Alikhani. Moreover, it advised on receipt of the necessary approvals from the National Bank of Ukraine  and the National Securities and Stock Market Commission.

PJSC CB Center performed additional capitalisation to comply with NBU capital requirements. According to such requirements, Ukrainian banks must have a minimum charter capital of UAH 200 million by 11 July 2017.

In 2016 AVELLUM acted as the Ukrainian legal advisor to Hamed Alikhani in obtaining NBU approval for the acquisition of the qualifying shareholding in PJSC CB Center.

The firm also advised Hamed Alikhani on obtaining merger control clearance of the Antimonopoly Committee of Ukraine for the acquisition of PJSC CB Center.

AVELLUM’s team on this project was led by managing partner Mykola Stetsenko, with support from senior associate Andriy Romanchuk and associates Dmytro Tkachuk, Andrii Gumenchuk, and Anton Arkhypov.