Restructuring Restructuring

We have been involved in many of the most challenging, ground-breaking and high-profile Ukrainian debt restructurings.

20.3
bln
USD
total worth of transactions
in restructuring in 2015


Read more



  • Responsible Partner
  • Key experience
  • Publications
  • Recognition
  • Our Team
Responsible Partner
Glib Bondar
Senior Partner
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Glib Bondar is a Senior Partner of AVELLUM and the Head of Finance and Debt Restructuring Practice. Glib focuses on financings, capital markets and debt restructurings.
Key experience

Key experience

Restructuring of guaranteed notes and the PXF syndicated loan facilities
2.3 bln USD
Legal Advisor to Bondholders Committee of Metinvest
Restructuring of thirteen sovereign and sovereign-guaranteed Eurobonds
15 bln USD
Legal Advisor to Ministry of Finance of Ukraine
Exchange Offer with scheme of arrangement, approved by English court
1.27 bln USD
Legal Advisor to Bondholders Committee
Exchange Offer of 2015 and 2016 Notes
550 USD mln
Legal Advisor to the City of Kyiv
Restructuring of sovereign-guaranteed term loans from JSC Sberbank of Russia to Ukravtodor and Yuzhnoye State Design Office
367 USD mln
Legal Advisor to the Ministry of Finance of Ukraine
Restructuring of sovereign-guaranteed loan from Citibank and JSC Sberbank of Russia to Ukravtodor
37,3 EUR mln
Legal Advisor to the Ministry of Finance of Ukraine
Exchange Offer with scheme of arrangement, approved by English court
420 USD mln
Legal Advisor to PrivatBank
Exchange Offer with scheme of arrangement, approved by English court
200 USD mln
Legal Advisor to DTEK
Exchange Offer and two new issues of Eurobonds
500 USD mln
Legal Advisor to Ferrexpo
Consent Solicitation with respect to Loan Participation Notes
252.5 USD mln
Legal Advisor to First Ukrainian International Bank
Exchange Offer under Guaranteed MTN Programme
500 USD mln
Legal Advisor to Dealer Managers
New Eurobond Issue and Exchange Offer and Consent Solicitation
100 USD mln
Legal Advisor to Dealer Manager and Lender
New Eurobond Issue and Tender Offer
600 USD mln
Legal Advisor to DTEK
New Eurobond Issue and Tender Offer
750 USD mln
Legal Advisor to MHP Group
Credit portfolio restructuring
887 USD mln
Legal Advisor to Interpipe
Publications

Publications

  • Financial restructuring: new law - new possibilities (In Russian)

    12 August 2016
    Taras Stadniichuk
    Igor Lozenko
  • A Remarkable Year of Restructuring. What Next?

    30 June 2016
    Glib Bondar
    Artem Shyrkozhukhov
  • Interview for Ukraine's 50 Leading Banks 2016 (In Russian)

    22 May 2016
    Glib Bondar
  • Debt Capital Markets Back to Life and Running. Six Key Recommendations (In Ukrainian)

    8 September 2013
    Glib Bondar
  • Several things to keep in mind for a less stressful capital markets project (In Ukrainian)

    9 September 2012
    Artem Shyrkozhukhov
  • Placement of Shares on Foreign Stock Exchanges by Ukrainian Issuers (In Ukrainian)

    12 June 2011
    Mykola Stetsenko
  • Recognition

    Recognition

    Ambitious and successful young firm Avellum are ‘excellent lawyers with a Western approach. 
    Legal500 2014
    Uniformly excellent … they are the best firm in Ukraine these days. Very strong across all practice areas, extremely professional ethos and service culture. 
    IFLR1000 2015
    Flexible and responsive people, and they understand the whole process from an international perspective. 
    Chambers Europe 2014
    They are one of the few local firms that can be relied upon to produce Ukrainian law documentation and legal opinions in a timely fashion and up to the standards of an international law firm. 
    IFLR1000 2014
    Ambitious and successful… AVELLUM are excellent lawyers with a Western approach.  
    Legal500 2014
    Our Team

    Our Team

    Igor Lozenko
    Counsel
    Taras Dmukhovskyy
    Senior Associate
    Vadim Medvedev
    Senior Associate
    Anna Melnychuk
    Associate
    Pavlo Shevchenko
    Associate
    Taras Stadniichuk
    Associate
    Orest Franchuk
    Associate
    Anastasiya Voronova
    Associate