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]
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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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