Firm Profile > Avellum > Kiev, Ukraine

Avellum
38 VOLODYMYRSKA STREET
4TH FLOOR
01030 KYIV
Ukraine

Banking, finance and capital markets Tier 1

Widely regarded as a market leader in banking and finance, Avellum has a vastly experienced senior partner in Glib Bondar. He assisted Ukraine's Ministry of Finance with its $3bn eurobond issue, and advised Metinvest on refinancing $2.3bn-worth of debt. Taras Dmukhovskyy moved to an in-house position.

Commercial, corporate and M&A Tier 1

Avellum 'has unique experience and the best knowledge, so usually finds the best proposition for the client'. Mykola Stetsenko and Yuriy Nechayev, who are 'very hardworking and professional', are leading lights in the market. Senior associate Andriy Romanchuk is also noted. The team acted for Horizon Capital on the sale of its stake in Ergopack Group.

Competition Tier 1

Avellum has a strong track record in landmark transactions for Ukrainian and multinational companies. Mykola StetsenkoYuriy Nechayev and rising star senior associate Yaroslav Medvediev are the key practitioners. For Karavan Group, the firm obtained merger clearance for the acquisition of Karavan Hypermarket chain by Auchan Group.

Employment Tier 1

Avellum is 'very professional, diligent and capable of adapting to clients' needs'. Mykola Stetsenko leads the practice, which handles cross-border corporate transactions and litigation. Among his clients is US machinery manufacturer Deere & Company. The 'approachable and responsiveYuriy Nechayev is also noted.

Private client Tier 1

Avellum provides 'a responsive, professional and knowledgeable service'. A leading firm for family law, it also handles the full range of private client services. Family lawyers Aminat Suleymanova and Iryna Moroz have 'great client skills and specialist legal knowledge'. Mykola Stetsenko, counsel Vadim Medvedev and associate Oleksandr Gubin  are highly regarded.

Real estate and construction Tier 1

Avellum is 'a leading firm - very deal oriented, with detailed knowledge'. Mykola Stetsenko is the key partner. Counsel Maksym Maksymenko and Yuriy Nechayev handled the real estate aspects of a  solar power plant project for ICU. Yuriy Zaremba, formerly of counsel with the firm, is now CEO at AxDraft.

Tax Tier 1

At Avellum, practice head Mykola Stetsenko and newly promoted specialist tax partner Vadim Medvedev are 'true stars able to handle all Ukrainian and international matters'. Clients include Metinvest and Ukrzaliznytsia.

Dispute resolution Tier 2

Avellum climbs the ranking having further developed its practice since the 2017 merger with Aga Partners. The practice is known for 'excellent organisation, high-quality advice and a scrupulous approach to clients' needs'. Head of litigation Aminat Suleymanova and 'impressive' partner Ivan Kasynyuk are recommended. Clients include Syngenta and Ukrlandfarming.

Energy Tier 2

Avellum handles the development, acquisition, disposal and financing of energy projects for financial investors and energy companies. Glib Bondar advised Ukraine's Ministry of Finance on a $250m loan to nuclear power operator Energoatom. EBRD and Metinvest are among the firm's other clients.

AVELLUM is a leading Ukrainian full service law firm with a key focus on finance, corporate, dispute resolution, tax, real estate, and antitrust. Its aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions. The firm builds lasting relationships with its clients and makes them feel secure in new uncertain economic and legal realities. By using the firm’s first-hand knowledge, broad industry experience and unparalleled level of service, it delivers the best results to its clients in their business endeavours. The firm’s partners take an active role in every transaction and ensure smooth teamwork. AVELLUM seamlessly cooperates with leading international law firms in course of multijurisdictional transactions.

Effective 9 July 2018, AVELLUM and A.G.A. Partners announced their strategic combination. The new firm operates under AVELLUM brand.

Recent Work Highlights

Banking & Finance:

  • Advised the Ministry of Finance of Ukraine on the stateguaranteed USD250 mln loan to SE ‘NNEGC ‘Energoatom’;
  • Advised the Ministry of Finance of Ukraine on the financing for the purchase of more than 25 Airbus helicopters for four strategic services of Ukraine: the National Guard of Ukraine, the State Border Guard Service of Ukraine, the State Emergency Service of Ukraine and the National Police of Ukraine;
  • Advised the Ministry of Finance of Ukraine on the EUR 349.3 mln term loan facility arranged by Deutsche Bank and backed by an International Bank for Reconstruction and Development (IBRD) policy-based guarantee.

Capital Markets:

  • Advised the Ministry of Finance of Ukraine on its USD3 bln issue of 7.375% Eurobonds due 2032, which involved tender offer of existing Eurobonds, and on the private placement of USD725 mln short-term external sovereign bonds 2019;
  • Advised MHP SE on the benchmark USD550 mln, 8 year, 6.95% Eurobond issue coupled with the cash tender offer for MHP’s USD495.6 mln aggregate principal amount;
  • Advised joint lead managers on UAH4.051 bln Eurobond offering by JSC ‘Ukreximbank’, 16.5% loan participation notes due in 2021.

Corporate/M&A, Commercial: 

  • Advised EVO Group, the Ukrainian e-commerce market leader, on its merger with Rozetka, the leading online retailer and marketplace based in Ukraine;
  • Advised PJSC ‘Ukrainian Railway’ on its long-term USD1 bln collaboration with General Electric Company, aimed at renewal and modernisation of the locomotive park;
  • Advised Horizon Capital on the disposal of 90% stake in Ergopack Group in favour of Sarantis Group;
  • Advised the seller on the sale of Karavan hypermarket chain to Auchan Group;
  • Advised Diligent Capital Partners in acquisition of 16% equity stake in Allseeds SA;
  • Advised on the merger of PJSC “MTB Bank” and PJSC “Commercial Bank “Center”, which created a much stronger bank, ranked among top 50 banks in Ukraine.

Competition/Antitrust:

  • Advised Uber International C.V. on obtaining a merger control clearance from the Antimonopoly Committee of Ukraine for the creation of a joint venture with Yandex, the new company is valued at USD3.8 bln;
  • Advised Horizon Capital on obtaining a merger control clearance from the Antimonopoly Committee of Ukraine for the sale of Ergopack to Sarantis Group;
  • Advised EVO Group, the Ukrainian e-commerce leader in the marketplace segment, on obtaining a merger control clearance of the Antimonopoly Committee of Ukraine for the merger with Rozetka Group;
  • Advised one of the leading Ukrainian agricompanies on obtaining a record number of 34 merger control clearances from the Antimonopoly Committee of Ukraine within one large project for the previous violations of the merger control regime under the amnesty procedure.

Dispute Resolution (International Arbitration and Litigation):

  • Represented several litigants in the High Court of Justice, with the total amount in dispute reaching USD1.13 bln;
  • Represented the state of Ukraine in USD300 mln investment arbitration;
  • Acted as experts on Ukrainian law in eight landmark investor-state arbitrations of total amount exceeding USD2 bln;
  • Represented LSE listed Ferrexpo Plc in the litigations between its subsidiaries concerning the claims in the amount of over USD150 mln;
  • Represented Agroprosperis in FOSFA Arbitration, awarding USD10.5 mln in client’s favour and further recognition and enforcement in a dispute dealing with Russian import ban;
  • Represented Česká Exportní Banka before Ukrainian courts in multiple litigations against a Ukrainian borrower in relation to dissipation of mortgaged assets securing USD37 mln loan.

Employment:

  • Advised Deere & Company on employment matters in the USD5 bln acquisition of Wirtgen Group;
  • Advised ClinTec International on various employment issues and has been providing complex employment support to the Ukrainian subsidiary since its establishment;
  • Advised Nordcurrent, a Baltic game development company, on various employment matters related to its acquisition of Blam! Games Studios.

Energy & Natural Resources:

  • Advised Investment Capital Ukraine on the sale of 50% stake in the project company to VR Capital Group and further establishment of two joint ventures to develop 63.8 MW and 34.75 MW solar power plants in Khmelnytskyi and Kherson regions;
  • Advised Kernel, the world’s leading and the largest Ukrainian producer and exporter of sunflower oil, on regulatory framework for implementation of biogas projects in Ukraine;
  • Advised EBRD and Black Seas Trade and Development Bank in connection with a senior secured loans in the total amount of up to EUR36,28 million to Rengy Bioenergo LLC to finance the construction and operation of a solar PV plant in Mykolaiv region for an aggregate installed capacity of 47MW.

International Trade:

  • Represented a leading Ukrainian state-owned powergenerating company in the USD4 mln LCIA arbitration regarding the quality of shipped products;
  • Advised COFCO Agri on USD5 mln dispute regarding the quality of the supplied products to the EU;
  • Represented Ukrlandfarming in GAFTA arbitration in a dispute regarding the guarantee obligation in reference to contract for supply of goods USD5 mln in total.

Real Estate:

  • Advised EBRD on a senior secured loan of up to EUR5.6 mln to the LLC ‘Ekotechnik Shyroke’ on development, construction, and placing into operation of a 7.0 MW solar power plant in Ukraine;
  • Advised EBRD on a senior secured loan of up to EUR9.5 mln to Nova Poshta on financing the design and construction of a new automated parcel-sorting terminal in the City of Khmelnytskyi and purchasing the equipment;
  • Advised Goldman Sachs International on acquisition together with Dragon Capital of Horizon Park Business Center. 

Restructuring & Insolvency:

  • Advised Metinvest Group on the refinancing of its USD2.271 bln debt consisting of USD1.592 bln issue of new Eurobonds and the amendment and restatement of its pre-export finance facility;
  • Advised on restructuring of USD470 mln outstanding loan participation notes issued by Mriya Agro Holding Plc in the context of restructuring of its USD1 bln debt and represents the Noteholders’ Committee of Mriya in USD644 mln multiple bankruptcy proceedings against Ukrainian suretyship providers;
  • Advised the City of Kyiv in regards to two exchange offer Notes of USD550 mln in total, 8%, 2015 and 9.375%, 2016.

Tax:

  • Advised PJSC ‘Ukrainian Railway’ on the tax treatment of the transaction of USD1 bln collaboration with General Electric for the supply of up to 225 new and modernisation of 75 currently operating locomotives, including advise on tax provisions to the framework and financial lease agreements covering 30 locomotives;
  • Advised the LSE listed UK Company on compliance of its operations in Ukraine with Ukrainian tax law, including risk assessment and development of the tax compliance procedures and guidance;
  • Advising MTI Group on tax issues related to the transfer of shares and assets in course corporate restructuring of its business.
Department Name Email Telephone
Corporate/M&A Mykola Stetsenko mstetsenko@avellum.com
Litigation Aminat Suleymanova asuleymanova@avellum.com
Banking & Finance Glib Bondar gbondar@avellum.com
Corporate/M&A Yuriy Nechayev ynechayev@avellum.com
Family Law Iryna Moroz imoroz@avellum.com
International Arbitration Ivan Kasynyuk ikasynyuk@avellum.com
Tax & Transfer Pricing Vadim Medvedev vmedvedev@avellum.com
Capital Markets Glib Bondar gbondar@avellum.com
Competition Mykola Stetsenko mstetsenko@avellum.com
Employment Mykola Stetsenko mstetsenko@avellum.com
Energy & Natural Resources Glib Bondar gbondar@avellum.com
International Trade Iryna Moroz imoroz@avellum.com
Intellectual Property Anton Polikarpov apolikarpov@avellum.com
IT Law Anton Polikarpov apolikarpov@avellum.com
Banking & Finance Maria Tsabal mtsabal@avellum.com
Competition Yuriy Nechayev ynechayev@avellum.com
Private Client Aminat Suleymanova asuleymanova@avellum.com
Private Client Vadim Medvedev vmedvedev@avellum.com
Real Estate Maksym Maksymenko mmaksymenko@avellum.com
Restructuring Glib Bondar gbondar@avellum.com
Photo Name Position Profile
Mr Glib Bondar  photo Mr Glib Bondar
Mr Oleksandr Gubin  photo Mr Oleksandr Gubin
Mr Ivan Kasynyuk  photo Mr Ivan Kasynyuk
Mr Maksym Maksymenko  photo Mr Maksym Maksymenko
Mr Vadim Medvedev  photo Mr Vadim Medvedev
Mr Yaroslav Medvediev  photo Mr Yaroslav Medvediev
Mrs Iryna Moroz  photo Mrs Iryna Moroz
Mr Yuriy Nechayev  photo Mr Yuriy Nechayev
Mr Andriy Romanchuk  photo Mr Andriy Romanchuk
Mr Mykola Stetsenko  photo Mr Mykola Stetsenko
Mrs Aminat Suleymanova  photo Mrs Aminat Suleymanova
Partners : 7
Counsels : 5
Associates : 38
English
Ukrainian
Russian
American Chamber of Commerce
European Business Association
International Bar Association
International Fiscal Association
US-Ukraine Business Council

AVELLUM is highly ranked in 20 practices by Ukrainian Law Firms 2019

Our traditionally strong position in the Ukrainian legal market was reconfirmed in 2019 edition of the Ukrainian Law Firms. A Handbook for Foreign Clients by Yuridicheskaya Praktika.

AVELLUM’s recognition in 2019 now extends to 20 researched practices compared to 16 practices last year. 9 AVELLUM lawyers were listed as leading individuals or notable practitioners. 


AVELLUM advises EBRD on infrastructure financing to Negabarit-Service

AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”) in connection with a senior secured loan of up to EUR2.6 million to Negabarit-Service LLC (“Company”), a Ukrainian leader in the oversized and complex auto cargo transportations.


AVELLUM wins swaps case in GAFTA arbitration


AVELLUM successfully represents the client in GAFTA appeal

The GAFTA Board of Appeal satisfied in full the Client’s claim of approximately USD150,000 seeking compensation for damages specified in a washout agreement that were caused by the failure to comply with the contract.


AVELLUM successfully represents international inspection company in ICAC arbitration

AVELLUM secured a favourable award for the client in the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry (“ICAC”) for a total amount of almost USD200,000.


AVELLUM advises EBRD on senior secured loan to Kyiv Cardboard and Paper Mill

AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”) in connection with a senior secured loan of up to EUR10 million (with an option to incease the loan up to EUR25 million) to Private Joint-Stock Company “Kyiv Cardboard and Paper Mill” (“KCPM”).


AVELLUM and A.G.A. Partners announce combination

AVELLUM and A.G.A. Partners announced that two law firms have agreed to combine effective 9 July 2018. This strategic combination brings together renowned transactional practice of AVELLUM and experienced dispute resolution practice of A.G.A. Partners.


AVELLUM Advises Uber on Merger Control Clearance for Joint Venture with Yandex

AVELLUM acted as the Ukrainian legal counsel to Uber on obtaining a merger control clearance from the Antimonopoly Committee of Ukraine for the creation of a joint venture with Yandex. The new company is valued at USD3.8 billion.


AVELLUM Advises Ukrainian Investment Firm on Establishment of JV in Renewable Energy Sector

AVELLUM Advises Ukrainian Investment Firm on Establishment of Joint Venture in Renewable Energy Sector

AVELLUM acted as the legal counsel to Investment Capital Ukraine (“ICU”) on the establishment of a joint venture with VR Capital Group to develop a 63.8 MW solar power plant in Khmelnytskyi region.


AVELLUM advises EBRD on UAH/EUR multi-currency loan to Nova Poshta

AVELLUM advises EBRD on UAH/EUR multi-currency loan to Nova Poshta

AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”) in connection with a senior secured loan of up to EUR9.5 million to Limited Liability Company “Nova Poshta” (“Nova Poshta”).


AVELLUM advises Nordcurrent on acquisition of Blam! Games Studios

AVELLUM advises Nordcurrent on acquisition of Blam! Games Studios

AVELLUM acted as the Ukrainian legal counsel to Nordcurrent on the acquisition of Blam! Games Studios. Nordcurrent is the largest game development studio in the Baltic region. Blam! Games Studios is a Ukrainian game development and animation studio, which has been cooperating with Nordcurrent since 2014.


AVELLUM Advises Joint Lead Managers on Issue of Hryvnia Denominated Eurobonds by Ukreximbank

AVELLUM Advises Joint Lead Managers on Issue of Hryvnia Denominated Eurobonds by Ukreximbank

AVELLUM acted as the Ukrainian legal counsel to the joint lead managers with respect to UAH4.051 billion Eurobond offering by Joint Stock Company “The State Export-Import Bank of Ukraine (“Ukreximbank”).


AVELLUM Advises MHP on USD550 Million Eurobond Issue

AVELLUM Advises MHP on USD550 Million Eurobond Issue

AVELLUM acted as the Ukrainian legal counsel to MHP SE (“MHP”) on USD550 million, 8 year, 6.95% Eurobond issue with the benefit of the guarantees from its Ukrainian subsidiaries. The joint lead managers on the transaction were J.P. Morgan Securities plc, London Branch of ING Bank N.V., and UBS Limited.


AVELLUM Advises on Largest Refinancing for Metinvest

AVELLUM Advises on Largest Refinancing for Metinvest

AVELLUM acted as the Ukrainian legal counsel to Metinvest Group (“Metinvest”) on the successful refinancing of its USD2,271 million debt consisting of USD1,592 million issue of new eurobonds (“new eurobonds”) and the amendment and restatement of its pre-export finance (“PXF”) facility allowing to secure USD765 million in the PXF facility.


AVELLUM Advises Horizon Capital on Disposal of Stake in Ergopack Group

AVELLUM Advises Horizon Capital on Disposal of Stake in Ergopack Group

AVELLUM acted as the lead legal counsel to Horizon Capital and certain individuals on the disposal of 90% stake in Ergopack Group in favour of Sarantis Group.


AVELLUM Advises Ukrzaliznytsia on USD1 Billion Collaboration with General Electric

AVELLUM Advises Ukrzaliznytsia on USD1 Billion Collaboration with General Electric

AVELLUM acted as the Ukrainian legal counsel to Public Joint Stock Company “Ukrainian Railway” (“Ukrzaliznytsia”) on a USD1 billion collaboration with General Electric Company (“GE”). The project aims at renovating and modernising the locomotive fleet of Ukrzaliznytsia through a long-term joint collaboration for the supply of up to 225 new locomotives and modernisation of 75 currently operating locomotives. In 2018-2019, GE is expected to supply 30 new locomotives to Ukrzaliznytsia through a financial lease agreement with Joint Stock Company “The State Export-Import Bank of Ukraine”.


AVELLUM Advises Ministry of Finance of Ukraine on State-Guaranteed USD250 Million Loan to Energoatom

AVELLUM Advises Ministry of Finance of Ukraine on State-Guaranteed USD250 Million Loan to Energoatom

AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on the state-guaranteed USD250 million loan extended to State Enterprise National Nuclear Energy Generating Company “Energoatom”.=


AVELLUM Advises Shareholder of PJSC “Commercial Bank “Center” on Increasing Its Charter Capita

AVELLUM Advises Shareholder of PJSC “Commercial Bank “Center” on Increasing Its Charter Capital

AVELLUM advised Public Joint Stock Company “Commercial Bank “Center” (“PJSC CB “Center”), a regional Ukrainian bank, and its sole shareholder Mr. Hamed Alikhani on increasing the charter capital of PJSC CB “Center” to UAH200 million. AVELLUM advised the clients on a number of corporate, regulatory, and securities issues related to increasing the charter capital, and on further acquisition of new shares in PJSC CB “Center”.


AVELLUM Promotes New Partner and Counsels

AVELLUM Promotes New Partner and Counsels

AVELLUM is pleased to announce senior promotions.

Yuriy Nechayev was promoted to a partner at Corporate/M&A practice. In his new role, Yuriy will continue focusing on M&A, corporate law, and private equity.


AVELLUM Advises Deere & Company on Employment Issues Related to Acquisition of Wirtgen Group

AVELLUM Advises Deere & Company on Employment Issues Related to Acquisition of Wirtgen Group

AVELLUM acted as the Ukrainian legal advisor to Deere & Company (“Deere”) on Ukrainian employment matters related to the USD5.2 billion acquisition of the Wirtgen Group.


Avellum Advises Ing On Usd100 Million Pre-export Loan Facility To Mhp

AVELLUM ADVISES ING ON USD100 MILLION PRE-EXPORT LOAN FACILITY TO MHP

AVELLUM acted as a Ukrainian legal counsel to ING Bank N.V. (“ING”) on a USD100 million secured pre-export revolving loan facility (“Loan”) to Myronivsky Hliboproduct Group (“MHP”), provided by ING together with Crédit Agricole Corporate and Investment Bank.


AVELLUM Advises AGCO on Merger Control and Concerted Practices Clearances

AVELLUM Advises AGCO on Merger Control and Concerted Practices Clearances for Acquisition of Precision Planting and Assets Owned by Monsanto Argentina and Monsanto Do Brasil

AVELLUM Successfully Represents Česká Exportní Banka Before Ukrainian Courts

AVELLUM successfully represented Česká Exportní Banka, a.s. (“ČEB”) in (i) a number of litigations against a Ukrainian corporate borrower in connection with attempts of illegal transfer of mortgaged real estate assets securing USD37 million loan and (ii) a sale of the relevant loan and security claims.


AVELLUM Advises Coast2Coast on Acquisition of Household Products Producer Stella Pack

AVELLUM acted as a Ukrainian legal counsel to Coast2Coast, a South-African investment company, on acquisition of Poland-based Stella Pack by Bounty Brands, a part of Coast2Coast portfolio. Stella Pack is a major manufacturer and distributor of household products.


Financial Times Praises AVELLUM for Innovation in Dispute Resolution

FT Innovative Lawyers 2017 recognised AVELLUM for pioneering the litigation strategy that helped to achieve a unique resolution from the Ukrainian court in favour of the bondholders of Ukrainian agricultural group Mriya.

AVELLUM Advises on Ukraine’s USD3 Billion Sovereign Bond Issue and Tender Offer

AVELLUM acted as Ukrainian legal advisor to the Ministry of Finance of Ukraine on its USD3 billion, 15-year, 7.375% Eurobond issue which was combined with the cash tender offer to the holders of the outstanding Eurobonds due 2019 and 2020. BNP Paribas, Goldman Sachs and J.P. Morgan Securities plc acted as joint lead managers on the transaction. The transaction is the first stand-alone sovereign bond issue by Ukraine since its 2015 sovereign debt restructuring.


AVELLUM Advises Seller on Sale of Karavan Hypermarket Chain to Auchan Group

AVELLUM acted as a legal advisor to the seller regarding the sale of Karavan Hypermarket chain to Auchan Group.

AVELLUM Advises Kernel Holding S.A. on Acquisition of Farming Business by Its Subsidiary

AVELLUM advised its longstanding client Kernel Holding S.A. (“Kernel”) on the acquisition of 100% of shares in a farming business that manages over 170,000 tons of grain storage capacity and over 27,500 hectares of leasehold farmland by one of its subsidiaries. Total consideration of the deal amounted to USD43.3 million and was paid in cash.

AVELLUM Advises Investor on Acquisition of 99.91% Stake in Marfin Bank from Cyprus Popular Bank

AVELLUM advised Saggarco Ltd on the acquisition of 99.91% stake in PJSC Marfin Bank (“Marfin Bank”) from Cyprus Popular Bank Public Co Ltd (“CPB”).

We assisted our client with the due diligence of Marfin Bank, pre-transaction restructuring, transaction documentation, approvals of the National Bank of Ukraine and the Antimonopoly Committee of Ukraine.


AVELLUM Advises MHP on Benchmark Eurobond Issue

AVELLUM acted as Ukrainian legal advisor to MHP S.A. (“MHP”) on the benchmarck USD500 million, 7 year, 7.75% Eurobond issue with the benefit of the guarantees from its Ukrainian subsidiaries. The joint lead managers on the transaction were J.P. Morgan Securities plc and London Branch of ING Bank N.V.


AVELLUM Advises Kernel Holding S.A. on Acquisition of a Large-scale Farming Business

AVELLUM advised its longstanding client Kernel Holding S.A. (“Kernel”) on the acquisition of 100% of shares in a large-scale farming business that manages over 190,000 hectares of leasehold farmland and approximately 200,000 tons of grain storage capacity. The value of the deal was USD155 million.


AVELLUM Contributed to an Amicus Curiae Brief for the Court Proceeding

AVELLUM Contributed to an Amicus Curiae Brief for the Court Proceeding, Which May Have Considerable Impact on Enforceability of Foreign Awards in Ukraine.

Avellum Advises Bondholders Committee On Metinvest Usd2.3 Billion Debt Restructuring

AVELLUM ADVISES BONDHOLDERS COMMITTEE ON METINVEST USD2.3 BILLION DEBT RESTRUCTURING

Mykola Stetsenko Became Member of the Public Council of the Antimonopoly Committee of Ukraine.

AVELLUM's Managing Partner Mykola Stetsenko Became Member of the Public Council of the Antimonopoly Committee of Ukraine

We are proud to announce that Mykola Stetsenko, Managing Partner of AVELLUM, was elected as a member of the Public Council at the Antimonopoly Committee of Ukrainе ("Public Council").


AVELLUM Advised Deutsche Beteiligungs AG on Investment in Dieter Braun GmbH

AVELLUM Advised Deutsche Beteiligungs AG on Investment in Dieter Braun GmbH

AVELLUM acted as the Ukrainian legal counsel to Deutsche Beteiligungs AG ("DBAG") in connection with the EUR5.9 million investment in Dieter Braun GmbH ("Braun").


AVELLUM Advises Bondholders Committee on DTEK Energy Long-Term Restructuring

AVELLUM acted as a Ukrainian law counsel to the bondholder group composed of holders of senior notes (the "Notes") issued by DTEK Finance plc in connection with the long-term restructuring of the Notes as part of the long-term restructuring of the debts of the DTEK Energy group.


AVELLUM Advises Kernel on Debut USD500 Million Eurobond Issue

AVELLUM acted as Ukrainian legal counsel to its longstanding client Kernel Holding S.A. ("Kernel") in connection with an offering of its USD500 million 8.75% guaranteed notes due 2022. The notes are expected to be rated B+ by Fitch and B by S&P, two notches and one notch above the Ukrainian sovereign respectively.


AVELLUM Advised CPPIB on Acquisition of 48% Stake in GlobalLogic Inc. from Apax Funds

AVELLUM Advised CPPIB on Acquisition of 48% Stake in GlobalLogic Inc. from Apax Funds

AVELLUM acted as the Ukrainian legal counsel to Canada Pension Plan Investment Board ("CPPIB") in connection with the acquisition of an approximate 48% stake in GlobalLogic Inc. from Apax Funds.


AVELLUM Advises EBRD on EUR1.4 Million Secured Loan Facility to KHASK

KHASK is a Ukrainian major producer and exporter of self-adhesive tapes and packaging materials. The loan facility is used to finance the purchase and installation of a solvent recuperation system, related general construction and energy efficiency capital investments.

AVELLUM team was led by Senior Associate, Taras Dmukhovskyy, with significant support from Associates, Taras Stadniichuk and Orest Franchuk, under the supervision of Partner, Glib Bondar.


AVELLUM Leads in the Largest Public Deals According to “TOP 50 Law Firms of Ukraine – 2016”

AVELLUM leads in the number of the largest public deals аccording to the recently published "TOP 50 Law Firms of Ukraine - 2016" ranking. We have advised on 12 out of 50 largest public transactions, reported by this edition.


AVELLUM Advised AGCO on Merger Control Clearance for Acquisition of Cimbria

AVELLUM acted as the Ukrainian legal counsel to AGCO in connection with obtaining a merger control clearance of the Antimonopoly Committee of Ukraine for the acquisition of Cimbria for EUR310 million.


AVELLUM Advises UniCredit on Disposal of Shares in PJSC “Ukrsotsbank” in Favour of ABH Holdings

AVELLUM Advises UniCredit on Disposal of Shares in PJSC "Ukrsotsbank" in Favour of ABH Holdings S.A.

Kyiv, 7 November 2016 - AVELLUM advised UniCredit Group ("UCG") on Ukrainian law matters in connection with the disposal of 99.9% shares in PJSC "Ukrsotsbank", an asset of UCG in Ukraine, in exchange for a minority stake (9.9%) in ABH Holdings S.A.


AVELLUM advises MHP on USD350 million Eurobond issue

AVELLUM acted as the Ukrainian legal counsel to MHP Lux S.A. (“MHP”) on USD350 million offering of 6.250% notes due 2029 (“Notes”). The transaction was structured as an offering of the Notes guaranteed on a senior basis by MHP SE and certain of its Ukrainian and Cypriot subsidiaries.

AVELLUM advised Metinvest on dual-currency Eurobond issue and tender offer

AVELLUM acted as the Ukrainian legal counsel to Metinvest B.V. on:

AVELLUM advises UFUTURE on merger control clearance for partial sale of its stake in LvivTech.City

AVELLUM acted as the legal counsel to UFUTURE on obtaining a merger control clearance of the Antimonopoly Committee of Ukraine for the partial sale of its stake in LvivTech.City.

AVELLUM advises Van Leeuwen Pipe and Tube Group on acquisition of Benteler Distribution Ukraine

AVELLUM acted as the Ukrainian legal counsel to the Netherlands based Van Leeuwen Pipe and Tube Group on the acquisition of BENTELER Distribution Ukraine, a part of the international distribution division of BENTELER International AG.

AVELLUM advises CHG Healthcare on acquisition of Modio Health

AVELLUM acted as the Ukrainian legal counsel to CHG Healthcare,one of the largest healthcare staffing companies in the US, on the acquisition of Modio Health, a provider of technology solutions for the healthcare industry.

AVELLUM advises DTEK Renewables on Debut Green Eurobond Offering

AVELLUM acted as the Ukrainian legal counsel to DTEK Renewables on a debut EUR325 million 5-year 8.50% green Eurobond offering.

AVELLUM advises joint lead managers on USD100 million Tier 2 Eurobond offering by Ukreximbank

AVELLUM acted as the Ukrainian legal counsel to J.P. Morgan Securities and Morgan Stanley acting as joint lead managers in connection with USD100 million Tier 2 Eurobond offering by the State Export-Import Bank of Ukraine (“Ukreximbank”).

AVELLUM advises on Ukraine’s new benchmark euro-denominated notes

AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on the second breakthrough issuance of Ukraine’s euro-denominated notes.

AVELLUM advises on Vodafone Ukraine aqcuisition and Eurobond financings

AVELLUM acted as the Ukrainian legal counsel to:

AVELLUM advises EBRD on EUR52.5 million loan facility to one of largest shopping malls in Odesa

AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”) in connection with a long term secured loan to Limited Liability Company “Novi Biznes Poglyady” (“NBP”) in the total amount of up to EUR52.5 million.

AVELLUM advises BSTDB on secured loan to Prometey group

AVELLUM acted as the Ukrainian legal counsel to the Black Sea Trade and Development Bank (“BSTDB”) in connection with a long-term secured loan to Limited Liability Company “Butsefal” and Prometey Swiss SA in the total amount of up to USD10 million.