The team at Avellum retains a strong profile in complex financing mandates, advising on sovereign funding arrangements, Eurobond restructurings, and cross-border transactions backed by institutions, including the EBRD, IFC, DFC, and EIB. The practice is led by Glib Bondar, whose expertise spans capital markets and energy and infrastructure financings. Yurii Krasnoliudskiy is recognised for his work on syndicated lending transactions, while Mariana Pylypenko is well-placed to advise on liability management exercises.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘One of the most experienced banking and finance teams on the market. Hard to think of any significant deal this team hasn't been on.’
- ‘Glib Bondar is probably one of the most experienced lawyers in structuring complex financial deals on the market. We have been working with him for more than a decade, and the quality of delivery was always outstanding.’
- ‘The team is very balanced, consisting of people who have a sufficient level of competence, each with their own specialization. They are ready to perform the assigned tasks even in conditions of limited time and heavy workload. These factors do not affect the quality of the results of their work.’
- ‘Glib Bondar has an excellent combination of professional knowledge and experience of cooperation with our sector, which gives excellent results with an understanding of the specifics of the work of state bodies.'
- 'Mariana Pylypenko has excellent skills in preparing regulatory legal acts in our field.’
Key clients
- The Ministry of Finance of Ukraine
- The European Bank of Reconstruction and Development
- ING Bank N.V.
- DTEK Renewables Finance B.V.
- Vodafone Ukraine
Work highlights
Advised the Ministry of Finance of Ukraine on Ukrainian law matters relating to loans provided by the EU, US, UK, Japan, and Canada under the G7 ERA mechanism, supporting approximately USD50bn in financing to be serviced through the Ukraine Loan Cooperation Mechanism using revenues from immobilised Russian sovereign assets.
Advised the Ministry of Finance of Ukraine on the restructuring of USD20.47bn of state and state-guaranteed external debt through a joint consent solicitation and exchange of 13 series of Eurobonds into 8 new series of newly issued Ukraine Eurobonds.
Advised Vodafone Ukraine on the consent solicitation to restructure its USD500m 6.20% loan participation notes due 2025 issued by VFU Funding PLC for the sole purpose of financing a loan to VF Ukraine.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Mariana Pylypenko
Practice head
Glib Bondar
Other key lawyers
Yurii Krasnoliudskiy; Mariana Pylypenko