Avellum Partners advised on exchange offer of Metinvest
Avellum Partners acted as Ukrainian legal counsel to Deutsche Bank AG, London Branch and ING Bank N.V., London Branch, who acted as dealer managers, in connection with the exchange offer of Metinvest B.V. for its USD 500 million 10.25% guaranteed notes due 2015, coupled with the new issue of USD 289.7 million 10.5% guaranteed notes due 2017 under its USD 1,500,000,000 Guaranteed Medium Term Note Programme and a 25% cash consideration. The Bank of New York Mellon, London Branch acted as the Exchange Agent. The Notes are listed and admitted to trading on the Global Exchange Market of the Irish Stock Exchange.
The team of Avellum Partners was led by partner Glib Bondar with significant input of associates Artem Shyrkozhukhov, Taras Dmukhovskyy, Anna Melnychuk, and Olena Polyakova.