Banking and Finance UKRAINE

Very responsive, very good at maintaining client contact and always proactive team.” Chambers Europe 2012, Ukraine, Banking & Finance

Chadbourne & Parke LLP is an international law firm with 12 offices around the world. Since its founding in 1902, Chadbourne has been dedicated to providing high quality legal advice and practical solutions to a diverse range of clients in virtually all areas of law. Operating in Ukraine for almost 19 years, we have earned a reputation as one of the leading Ukrainian law practices. Chadbourne lawyers are highly qualified in diverse areas of law and possess a deep understanding of Ukraine’s local realities combined with extensive knowledge of international legal tradition. The Firm’s seamless coordination among its worldwide offices ensures that clients receive on-the-spot advice in any of the relevant jurisdictions. In addition to the U.S. and North America, major geographical areas of concentration include Western Europe, Central and Eastern Europe, Russia, the Middle East and Latin America.

with respect to a particular finance. We regularly advise clients on any issues ranging from secured or unsecured local and cross-border finance, complex security structures to simple intercompany loans. We are able to address your requirements and provide advice on all aspects of financial regulatory environment in Ukraine, derivative products and securitisations (mortgage, auto-loans, DPRs or other cash-flows), Tier II lending to Ukrainian banks, LPN and similar debt programs. We also offer first-class experience in all matters related to mergers, sale or acquisition of banks and banking groups in Ukraine.

We will help you navigate the complexities of the global marketplace through cross-border practice groups. Our lawyers work together and share their knowledge, talents and resources. This integrated, multidisciplinary approach enables us to achieve efficient, effective and practical results for our clients all over the world.

Chadbourne & Parke lawyers advise clients worldwide on bankruptcy and restructuring matters. From 2008 attorneys of our Kyiv Office are particularly engaged in complex restructuring needs of our clients. Very recently we represented a group of 28 international (syndicated and bilateral) lenders in all matters relating to restructuring of USD400 million indebtedness of Kreditprombank, one of the top twenty Ukrainian banks. Market participants and analysts believe that this was so far the most complex restructuring deal in Ukraine if not in the CIS.

Banking and Finance We have actively participated in practically all major developments in banking in Ukraine as well as helped to shape the banking system of Ukraine since its very inception in early 1990s. Despite the unprecedented uncertainty in the global financial markets and the unfolding debt crisis in Europe we are remaining at the heart of the latest developments in the financial markets and the regulatory environment. We advise banks and financial institutions, including supranational lenders, on a full range of financial matters. Our attorneys are able to assist both borrowers and arranging banks on every type of financing transaction. We combine our first-class transactional experience with a deep knowledge of regulatory issues affecting local and international lenders as well as specially structured tax solutions.

Financial Restructurings

Chadbourne Office Locations New York Washington Los Angeles Mexico City Sao Paulo London

Moscow Warsaw Kyiv Istanbul Dubai Beijing

Our experience enables us to handle effectively any large complex transaction, anticipate and address the requirements of any party to it. We can suggest reasonable solutions to the borrower’s needs or protect customary or transaction specific lender’s requirements

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Representative Transactions

USD400 mln

EUR52 mln

USD136 mln

USD1.2 bln

financial restructuring

acquisition of 97.2% of share

acquisition of 76% of share

acquisition of Ukrsotsbank

capital in AvtoZAZBank

capital in UkrInBank

by Banca Intesa

28 Syndicated and

Legal Advisor to

Legal Advisor to

Legal Advisor to

Bilateral Lenders

Bank of Cyprus

Bank Hapoalim

Ukrsotsbank

Legal Advisor to

USD254 mln

USD344.2 mln

USD187 mln

USD88 mln

acquisition of Index Bank

financing of construction of

pre-export loan facility

secured term loan (with equity

by Credit Agricole

EFSC in Dnepropetrovsk

Legal Advisor to

Legal Advisor to

Credit Agricole

Interpipe Group

Pre-IPO restructuring of the

USD540 mln

USD285 mln

USD75 mln

Khortytsa Group worldwide

secured syndicated loan to Astelit

buyer credit financing of 2G

buyer credit financing of 2G

and 3G equipment for

equipment for Astelit

Legal Advisor to

Legal Advisor to

Khortytsa

Turkcell

Legal Advisor to Interpipe Group

upside) from Credit Suisse Legal Advisor to Khortytsa

Turkcell in Turkey Legal Advisor to

Legal Advisor to Turkcell

Turkcell

EUR50 mln

Financing of a logistics/

USD20 mln

revolving loan to Energoatom

warehouse project in Zhytomyr

restructuring of financing

unsecured loan to a Ukrainian

provided to the Ukrainian

commercial bank from ING Bank

from Amsterdam Trade Bank Legal Advisor to Amsterdam Trade Bank N.V.

Legal Advisor to Erste Bank

real estate company Legal Advisor to Erste Bank

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USD40 mln

Legal Advisor to ING Bank

Representative Transactions

USD138 mln

USD25 mln

USD52 mln

USD35 mln

acquisition of 99.2% of

loan to a leading Ukrainian

term loan to a large

loan to Raiffeisen

share capital in Morskoj

supermarket chain

real estate developer

Bank Aval from IFC

Legal Advisor to

Legal Advisor to

Legal Advisor to

Marfin Laiki Bank

Marfin Egnatia Bank

IFC

Transportny Bank Legal Advisor to Marfin Popular Bank

USD50 mln

USD17.5 mln

USD45 mln

USD50 mln

Tier II subordinated loan to

senior loan to Delta

term loan to Velyka Kyshenya

unsecured loan to Ukreximbank

Raiffeisen Bank Aval from IFC

Wilmar from IFC

from IFC

from EBRD under UKEEP

Legal Advisor to

Legal Advisor to

Legal Advisor to

Legal Advisor to

IFC

IFC

IFC

EBRD

USD50 mln

USD72 mln

USD50 mln

USD14 mln

unsecured loan to OTP Bank

syndicated loan to

revolving loan to Barlinek

secured loan to Rubezhnoye

from EBRD under UKEEP

Kronospan from EBRD

from EBRD

Cardboard and Packaging

Legal Advisor to

Legal Advisor to

Legal Advisor to

EBRD

EBRD

EBRD

Mill from EBRD Legal Advisor to EBRD

USD50 mln

USD90 mln

USD25 mln

USD12 mln

loan to Gastransit

loan to Gastransit

term loan to Radisson

secured loan to Vetropack

from EBRD

from EBRD

from EBRD

from EBRD

Legal Advisor to

Legal Advisor to

Legal Advisor to

Legal Advisor to

EBRD

EBRD

EBRD

EBRD

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Representative Transactions

USD20 mln

USD13.5 mln

USD30 mln

USD10 mln

term loan to Megabank from IFC

unsecured loan to Megabank

loan to Obolon from EBRD

revolving loan to Obolon

Legal Advisor to IFC

from EBRD under UKEEP Legal Advisor to

Legal Advisor to EBRD

EBRD

from EBRD Legal Advisor to EBRD

USD19 mln

USD18.5 mln

USD18.5 mln

USD30 mln

financing provided to

secured financing provided to

secured financing provided to

secured loan to International

Ferrexpo Poltava Mining from

Ferrexpo AG from US Ex-Im Bank

Ferrexpo AG from US Ex-Im Bank

Mortgage Bank from OPIC

Legal Advisor to

Legal Advisor to

Legal Advisor to

Legal Advisor to Export-Import

Export-Import Bank of

Export-Import Bank of

OPIC

Bank of the United States

the United States

the United States

Loan to a Ukrainian

USD8 mln

USD30 mln

USD25 mln

energy company

loan to Savservice from IFC

secured term loan to Illichivsky

revolving loan to Serna

US Ex-Im Bank

Legal Advisor to

Legal Advisor to

Caterpillar Financial Services

Savservice

Grain Terminal Legal Advisor to Rabobank and Glencore Group

USD45 mln secured financing provided by IFC to AES Kyivoblenergo and AES Rivneenergo Legal Advisor to AES Corporation

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Legal Advisor to ABN Amro

Banking Contact Partners Jaroslawa Johnson

Managing Partner, Kyiv +380 (44) 461 7575 [email protected]

Sergiy Onishchenko

International Partner +380 (44) 461 7575 [email protected]

Adam Mycyk

International Partner +380 (44) 461 7575 [email protected]

b a n k in g a n d F in a n ce    5

New York 30 Rockefeller Plaza New York, NY 10112 Telephone: +1 (212) 408-5100 Facsimile: +1 (212) 541-5369 Washington, DC 1200 New Hampshire Avenue, NW Washington, DC 20036 Telephone: +1 (202) 974-5600 Facsimile: +1 (202) 974-5602 Los Angeles 350 South Grand Avenue Los Angeles, CA 90071 Telephone: +1 (213) 892-1000 Facsimile: +1 (213) 892-2045 Mexico City Chadbourne & Parke, S.C. Paseo de Tamarindos No. 400-B Piso 22 Col. Bosques de las Lomas 05120 México D.F., México Telephone: + 52 (55) 3000-0600 Facsimile: + 52 (55) 3000-0698

São Paulo Av. Pres. Juscelino Kubitschek, 1726 16° andar São Paulo, SP 04543-000, Brazil Telephone: +55 (11) 3372-0000 Facsimile: +55 (11) 3372-0009 London Chadbourne & Parke (London) LLP Regis House 45 King William Street London EC4R 9AN, United Kingdom Telephone: +44 (207) 337-8000 Facsimile: +44 (207) 337-8001 Moscow Riverside Towers 52/5 Kosmodamianskaya Naberezhnaya Moscow 115054, Russian Federation Telephone +7 (495) 974-2424 Direct lines from outside CIS: Telephone: +1 (212) 408-1190 Facsimile: +1 (212) 408-1199 Warsaw Chadbourne & Parke Radzikowski, Szubielska i Wspólnicy sp.k. ul. Emilii Plater 53 00-113 Warsaw, Poland Telephone: +48 (22) 520-5000 Facsimile: +48 (22) 520-5001

Kyiv 25B Sahaydachnoho Street Kyiv 04070, Ukraine Telephone: +380 (44) 461-7575 Facsimile: +380 (44) 461-7576 Istanbul Chadbourne & Parke Büyükdere Cad. No:191 Apa Giz Plaza, Kat:17 34330 Levent, Istanbul, Turkey Telephone: +90 (212) 386-1300 Facsimile: +90 (212) 269-4075 Dubai Chadbourne & Parke LLC Boulevard Plaza Tower 1 Burj Khalifa District P.O. Box 23927 Dubai, United Arab Emirates Telephone: +971 (4) 422-7088 Facsimile: +971 (4) 422-7089 Beijing Beijing Representative Office Room 902, Tower A Beijing Fortune Centre 7 Dongsanhuan Zhonglu, Chaoyang District Beijing 100020, China Telephone: +86 (10) 6530-8846 Facsimile: +86 (10) 6530-8849

www.chadbourne.com New York ■ Washington ■ Los Angeles ■ Mexico City ■ São Paulo ■ London ■ Moscow ■ Warsaw ■ Kyiv ■ Istanbul ■ Dubai ■ Beijing This material may constitute Attorney Advertising in some jurisdictions.

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