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10 MUZEYNY PROVULOK, 7TH FLOOR, 01001 KYIV, UKRAINE
Tel:
Work +380 44 499 6000
Email:
Web:
www.sk.ua

Michael Kharenko

Tel:
Work +380 44 499 6000
Email:
Sayenko Kharenko

Work Department

Banking and Finance, Bankruptcy and Debt Restructuring, Capital Markets, Government Relations

Position

Michael Kharenko, partner at Sayenko Kharenko, is one of the most successful dealmakers in the region. For over two decades, he has been structuring major international investments and attracting capital to Ukraine. This has included some of the most innovative and complex deals in Ukraine’s history worth a total amount of over USD 40 billion.

Much of his work has an international element to it, and he often works closely with key players in capital markets, multinational financial institutions and top law firms around the world. Michael has worked on a wide range of major private and public securities offerings, syndications and secured finance transactions in Ukraine, representing leading investment banks, multinational financial institutions, and corporates. Among his clients are Bank of America Merrill Lynch, Barclays, BNP Paribas, Citigroup, Commerzbank, Credit Suisse, Deutsche Bank, EBRD, Goldman Sachs, HSBC, ING Bank, J.P. Morgan, Morgan Stanley, Oschadbank, UBS, Ukreximbank, and the World Bank.

Michael has a very strong IT and disruptive technologies practice, acting for a variety of investors, global IT-companies and IT-start-ups on various sector-specific regulatory, commercial and legal issues. Michael Kharenko serves as a supervisory board member of the Ukrainian Venture Capital and Private Equity Association (UVCA) crated by top Ukrainian VCs.

Languages

Ukrainian,Russian,English.

Member

  • Ukrainian Venture Capital and Private Equity Association (UVCA), Supervisory Board member
  • Kyiv City Bar (admitted since 1995)
  • New York State Bar Association (NYSBA), USA (admitted since 2003)

Education

  • LL.D. in public finance law
  • LL.M. with honors from Columbia University School of Law (Harlan Fiske Stone Scholar)
  • Interned with the Honorable Bohdan A. Futey at the United States Court of Federal Claims in Washington, D.C.
  • LL.B., summa cum laude, from Taras Shevchenko National University of Kyiv Law School


Ukraine

Banking, finance and capital markets

Within: Leading individuals

Michael Kharenko - Sayenko Kharenko

Within: Banking, finance and capital markets

Sayenko Kharenko has a reputation for high-quality advice on both regulatory and transactional matters. The practice led by Michael Kharenko, Nazar Chernyavsky and Anton Korobeynikov handles a large volume of cross-border work. It advised on a UAH4bn notes issue by Ukreximbank. Counsel Igor Lozenko is a rising star.

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Legal Developments by:
Sayenko Kharenko

  • Sayenko Kharenko acts as legal counsel to DTEK Renewables for construction of Primorskaya WEP with a

    Sayenko Kharenko has acted as legal counsel to DTEK Renewables, which manages DTEK projects in renewable energy, on construction of Primorskaya Wind Electric Plant LLC (Primorskaya WEP) with a capacity of 200 MW. DTEK Renewables is currently one of the largest producers of renewable electric energy in Ukraine and accounts for about 10% of ‚Äúgreen‚ÄĚ capacities market.
    - Sayenko Kharenko

Legal Developments in Ukraine

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Top Changes for Financial Institutions on Restructuring and Recoveries Market in Ukraine

    One of the biggest fear for a creditor in providing financing is a possible default with zero perspectives to recover damages. On the international arena until recently Ukraine has been known as a high-risk country that precludes foreign investment flows. However, the situation has changed substantially over the past few years.  
    - GOLAW
  • AVELLUM advises joint lead managers on EUR600 mln and USD335 mln Naftogaz Eurobond issue

    AVELLUM acted as the Ukrainian legal counsel to the joint lead managers, Citigroup Global Markets Limited and Deutsche Bank AG, London Branch, with respect to EUR600 million and USD335 million Eurobond offering of Naftogaz of Ukraine.
  • AVELLUM advises Cornerstone Partners on acquisition of CoreValue

    AVELLUM acted as the Ukrainian legal counsel to Cornerstone Partners, a co-owner of IT Kontrakt, a Polish IT Company, on the acquisition of CoreValue, a US-headquartered IT service provider with Ukrainian roots.
  • How much does it cost to use ‚Äúproprietary‚ÄĚ TM?

    For many international companies, it is a common practice to allow the use of their trademarks (TM) to all group companies on a free of charge basis. Some parent companies do not even have a right to charge the royalty payments from their subsidiaries, as this contradicts the company’s policy. In the case of subsidiaries located in the territory of Ukraine, such a situation suits everyone, at first glance, because royalties do not have to be paid at all. 
    - GOLAW
  • AVELLUM successfully represents English trading company in GAFTA arbitration

    AVELLUM secured a favourable award to the client in a dispute at the GAFTA arbitration for a total amount of more than EUR1.5 million.
  • AVELLUM advises GROUPE ATLANTIC on acquisition of one of SST Group‚Äôs businesses

    AVELLUM acted as the Ukrainian legal counsel to GROUPE ATLANTIC, a leading French HVAC company, on the acquisition of SST Group’s electric underfloor heating and water leakage control systems business.
  • Renewable energy in Ukraine: green auctions launched

    In the first half of 2019 alone, renewable energy facilities with a capacity of more than 1.5 GW were connected to the Ukrainian grid, with about 96% of those being solar and wind energy facilities. In the whole of 2018, which has been a record-breaking year so far, numbers were almost half as high. The Ukrainian market also remains very attractive to foreign investors, not least because of the lucrative feed-in tariff rates, which are paid out regularly. Now, after the adoption of the so-called law on green auctions, significant changes can be expected.
  • AVELLUM advises on Ukraine`s first in over a decade Euro-denominated notes issue

    AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on another milestone Eurobond deal. The issue by Ukraine of EUR1 billion notes with a 7-year tenor marks the first euro-denominated offering Ukraine has made in almost 15 years.
  • AVELLUM advises solar power plant developer on sale of solar project

    AVELLUM acted as the legal counsel to SM Invest Construction B.V., a solar PV plants developer, on the sale of shares in the holding company, which owns the underlying assets to develop a 148MW solar power plant in Mykolaiv region. Scatec Solar, a leading and globally acting solar energy producer, acted as the purchaser.
  • General requirements to advertising in Ukraine

    The main legal act regulating legal relations in the field of advertising is the Law of Ukraine  On Advertising . The implementation of the Law in practice requires a detailed analysis and practical experience. The fulfillment of the requirements of the Law and other regulatory legal acts regulating advertising relations in Ukraine is a guarantee that government agencies in Ukraine, such as the Antimonopoly Committee of Ukraine, the State Inspection of Consumer Protection of Ukraine will not be able to start an advertiser's check.