Banking and
Financial
Institutions
Banking
and
Financial
Institutions

Vulnerable to the effects of frequent global and local downturns, Ukraine’s banking and financial sector is fast-changing and heavily regulated. With in-depth knowledge of the sector and extensive experience across our core practices, we are perfectly placed to render top-notch legal service, helping our clients navigate their way through this challenging environment. 



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  • 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

Guaranteed renewable facility from EBRD to NJSC Naftogaz of Ukraine
300 USD mln
Legal Advisor to EBRD
Merger control clearance for the acquisition of PJSC “CB “Center”
Legal advisor to Mr. Hamed Alikhani
Intra-Group transfer of UniCredit’s CEE business
Legal advisor to Unicredit Group
Loan from the Japan International Cooperation Agency
108,2 bln JPY
Legal Advisor to the Ministry of Finance of Ukraine
Pre-export revolving loan facility to MHP
100 USD mln
Legal Advisor to ING Bank N.V.
Advice on tax aspects of Eurobond offering, fully guaranteed by the United States of America
1.0 bln USD
Legal Advisor to the Ministry of Finance of Ukraine
Аcquisition of 30% shares in PJSC Raiffeisen Bank Aval by the EBRD
122 EUR mln
Legal Advisor to PJSC Raiffeisen Bank Aval
Disposal of shares in PJSC “Ukrsotsbank” in favour of Alfa Group
Legal Advisor to UniCredit Group
Issue of Notes fully guaranteed by the United States of America, acting through the United States Agency for International Development
1 bln USD
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
Loan from Export Development Canada
200 CAD mln
Legal Advisor to the Ministry of Finance of Ukraine
Pre-export finance facility
350 USD mln
Legal Advisor to Ferrexpo AG
Loan from KfW (Kreditanstalt für Wiederaufbau)
200 EUR mln
Legal Advisor to the Ministry of Finance of Ukraine
Export financing from Private Export Funding Corporation
14,5 USD mln
Legal Advisor to Ferrexpo Yeristovo Mining
Consent Solicitation with respect to Loan Participation Notes
252.5 USD mln
Legal Advisor to First Ukrainian International Bank
Syndicated secured term loan facility to Delta Wilmar CIS
55 USD mln
Legal Advisor to Lenders
Export financing from Private Export Funding Corporation
15,8 USD mln
Legal Advisor to Ferrexpo Belanovo GOK
New Eurobond Issue and Exchange Offer and Consent Solicitation
100 USD mln
Legal Advisor to Dealer Manager and Lender
Acquisition of 100% stake in Platinum Bank
Legal Advisor
Export financing from AB Svensk Exportcredit
10,7 USD mln
Legal Advisor to Ferrexpo Poltava Mining
Competition law advice in connection with merger of Russ Outdoor and JCDecaux Group
Legal Advisor to VTB Capital
Syndicated pre-export finance facility
500 USD mln
Legal Advisor to Donetsksteel Group
Loan facilities to Ecoprod
4,2 EUR mln
Legal Advisor to EBRD and Clean Technology Fund
Loan facility to AvangardCo Investments Public Limited
23,6 EUR mln
Legal Advisor to Intesa Sanpaolo
New Eurobond Issue
175 USD mln
Legal Advisor to Privatbank
Secured credit facilities to Kuwait Energy
165 USD mln
Legal Advisor to Lenders
Credit line to Arricano Group
25 USD mln
Legal Advisor to Lender
Due Diligence of Platinum Bank
Legal Advisor to Bidder
Loan facility to Agrotrade Group
23 USD mln
Legal Advisor to EBRD
Atradius-backed loan facility to ViOil Industrial Group
1.3 EUR mln
Legal Advisor to Rabobank
Hermes-backed loan facility to ViOil Industrial Group
1.2 EUR mln
Legal Advisor to Rabobank
Loan facility to Agrofusion
20 USD mln
Legal Advisor to EBRD
Due Diligence of Forum Bank
Legal Advisor to Bidder
Pre-export revolving loan facility to MHP
100 USD mln
Legal Advisor to ING Bank N.V.
Due Diligence of Express-Bank
Legal Advisor to Bidder
Term loan facility from a leading European bank
54 USD mln
Legal Advisor to Kernel Group
Secured medium term loan facility from ING Bank N.V. and PJSC Ukrsotsbank
100 USD mln
Legal Advisor to Kernel Group
Eurobond Issue
200 USD mln
Legal Advisor to Privatbank
Secured loan facility from BNP Paribas and UniCredit: Bank Austria
125 USD mln
Legal Advisor to Kernel Group
Secured loan facility from a syndicate of European banks
210 USD mln
Legal Advisor to Kernel Group
Atradius-covered loan facility to one of the largest Ukrainian agro-industrial groups from major German-based bank
13 EUR mln
Legal Advisor to Lender
EKF and SERV-backed trade finance loans to one of the largest Ukrainian agro-industrial groups from major Swiss bank
15,9 EUR mln
Legal Advisor to Lender
Atradius-covered loan facility to Nibulon S.A.
Legal Advisor to Rabobank
EKN-covered loan facility to Nibulon S.A.
Legal Advisor to Rabobank
Ex-Im Bank-covered export financing loan from U.S.-based bank
Legal Advisor to PrivatBank
Ex-Im Bank-covered export financing loan from German-based bank
Legal Advisor to PrivatBank
Atradius-covered export credit facilities to MHP Group
Legal Advisor to Rabobank
OPIC-backed long term investment loan from Citibank
25 USD mln
Legal Advisor to Kernel Group
Secured revolving facility from Natixis, UBS and Raiffeisen Bank International
150 USD mln
Legal Advisor to Kernel Group
Credit portfolio restructuring
887 USD mln
Legal Advisor to Interpipe
Syndicated secured loan facility
100 USD mln
Legal Advisor to Arrangers
Full and partial unwind of the auto and mortgage securitizations
Legal Advisor to Privat Bank
Loan facility to Kerameya
10 USD mln
Legal Advisor to EBRD
Advice on security matters related to loan facility for financing of acquisition a 85m motor yacht
60 EUR mln
Legal Advisor to Borrower
Term loan facility from GarantiBank International N.V.
Legal Advisor to PrivatBank
Acquisition of the majority stake in News Outdoor
Legal Advisor to VTB Capital
Atradius-covered loan facility to the confectionery factory
Legal Advisor to Rabobank
Term loan facility from a leading European bank
100 USD mln
Legal Advisor to Kernel Group
Syndicated secured loan facility from a major US-based bank
60 USD mln
Legal Advisor to UDP Holdings Ltd.
Syndicated secured term loan facility
600 USD mln
Legal Advisor to Ukrlandfarming PLC
Loan facility from EBRD
50 USD mln
Legal Advisor to MHP Group
Sale of Ukrainian operations to SCM Group
Legal Advisor to Renaissance Credit
Pre-export revolving loan facility to MHP
70 USD mln
Legal Advisor to ING Bank N.V.
Acquisition of 84% stake in VAB Bank from Kardan N.V.
Legal Advisor to Buyer
Conversion into a senior loan of subordinated loan to Megabank
10 USD mln
Legal Advisor to International Finance Corporation
Loan facility from Deutsche Bank AG
17,4 EUR mln
Legal Advisor to MHP Group
Atradius-covered export credit facilities to MHP Group
18 EUR mln
Legal Advisor to Rabobank
SERV-covered export loan facilities from Swiss Bank
15,3 USD mln
Legal Advisor to MHP Group
Syndicated loan facility for the leading Russian mobile telecommunications operator
470 USD mln
Legal Advisor to a syndicate of foreign lenders
Credit facility from a leading European bank
80 USD mln
Legal Advisor to Kernel Group
Four credit facilities from Landesbank Berlin AG
Legal Advisor to MHP Group
Publications

Publications

  • Currency Controls in Ukraine: Recent Developments

    13 November 2016
    Glib Bondar
    Igor Lozenko
  • Restoring Solvency without Recourse to Court Procedures

    1 December 2014
    Artem Shyrkozhukhov
  • Banking M&A (in Ukrainian)

    11 November 2014
    Yuriy Nechayev
    Andriy Romanchuk
  • Comment: Mandatory conversion of foreign currency into Hryvnia (in Ukrainian)

    26 August 2014
    Andrii Gumenchuk
  • Recognition

    Recognition

    AVELLUM is a professional firm with excellent attention to detail and good lawyers. They always perform well and are very driven in providing top service. 
    IFLR1000 2016
    Our Team

    Our Team

    Igor Lozenko
    Counsel
    Yuriy Nechayev
    Counsel
    Taras Dmukhovskyy
    Senior Associate
    Vadim Medvedev
    Senior Associate
    Yaroslav Medvediev
    Senior Associate
    Serhii Uvarov
    Senior Associate
    Andriy Fortunenko
    Associate
    Anna Melnychuk
    Associate
    Andriy Romanchuk
    Associate
    Pavlo Shevchenko
    Associate
    Taras Stadniichuk
    Associate
    Yuriy Zaremba
    Associate
    Orest Franchuk
    Associate
    Dmytro Tkachuk
    Associate