Finance Finance

Our pre-eminent finance practice is well-known in the market for its cutting-edge expertise and exemplary service. In recent years, we have been instrumental in bringing many landmark financing transactions from Ukraine to successful closing.

  • Ukrainian clients

    If you are a Ukrainian client, we will (i) help to understand the whole process and legal mechanics of a full spectrum of financing instruments from an international perspective; (ii) explain complex foreign law concepts in simple terms; (iii) be instrumental for developing sound legal documentation and ensuring smooth negotiation with your foreign counterparties, bringing together best international practices and Ukrainian legal realities.

  • Foreign clients

    If you are a foreign client, we will (i) safely navigate your way through all local legal challenges from a kick-off meeting to financial closing, (ii) explain all rules of Ukrainian legal and regulatory playfield in a clear way; (iii) tailor deal structure to fit your needs and to address all local law intricacies, (iv) produce local law documentation in a timely fashion and up to the best international practices and standards; and (v) give legal opinions for proper risk assessment.

  • 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
Intra-Group transfer of UniCredit’s CEE business
Legal advisor to Unicredit Group
Renewal of the secured syndicated pre-export loan facility to the Industrial Group ViOil
40 USD mln
Legal advisor to EBRD
Loan Facility to the Industrial Group KHASK
1,4 USD mln
Legal Advisor to EBRD
Loan Facilities to Alfa Trading Limited
Legal Advisor to ING Bank N.V.
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.
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
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
Export financing from AB Svensk Exportcredit
10,7 USD mln
Legal Advisor to Ferrexpo Poltava Mining
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
Secured financing to Azovmash from Deutsche Bank
289 USD mln
Legal Advisor to Azovmash
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
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
Pre-export revolving loan facility to MHP
100 USD mln
Legal Advisor to ING Bank N.V.
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
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
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
Pre-export revolving loan facility to MHP
70 USD mln
Legal Advisor to ING Bank N.V.
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
  • Financial restructuring: new law - new possibilities (In Russian)

    12 August 2016
    Taras Stadniichuk
    Igor Lozenko
  • Interview for Ukraine's 50 Leading Banks 2016 (In Russian)

    22 May 2016
    Glib Bondar
  • Investing in ukrainian banks through debt-to-equity conversion (In ukrainian)

    22 March 2016
    Yuriy Nechayev
    Andriy Romanchuk
  • Restoring Solvency without Recourse to Court Procedures

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

    4 November 2014
    Yuriy Nechayev
    Andriy Romanchuk
  • Private Public Partnership in Ukraine (in Ukrainian)

    28 October 2014
    Oleksandr Polonyk
  • Recognition

    Recognition

    AVELLUM has a small team of very talented lawyers who are responsive, commercially minded, solution orientated and cost effective. They bring international law firm experience to a local law firm. 
    IFLR1000 2015
    Principally experienced in advising borrowers, Avellum team increasingly takes instructions from lenders as well. 
    Chambers Global 2015
    Ambitious and successful young firm Avellum are ‘excellent lawyers with a Western approach. 
    Legal500 2014
    The lawyers were very commercial and understood the lenders' objectives. They knew when to dig in and when to concede points. 
    Chambers Europe 2014
    They are well organised in terms of timing - they always deliver when under pressure. 
    Chambers Europe 2014
    The most proactive of the independent Ukrainian firms. 
    IFLR1000 2014
    Dynamic group of partners with a partner-led, personal touch and an international style. 
    Legal500 2013
    A team of very talented lawyers who are responsive, commercially minded, solution orientated and cost effective. They bring international law firm experience to a local law firm. 
    IFLR1000 2015
    Our Team

    Our Team

    Igor Lozenko
    Counsel
    Taras Dmukhovskyy
    Senior Associate
    Anna Melnychuk
    Associate
    Tetiana Mykhailenko
    Associate
    Pavlo Shevchenko
    Associate
    Orest Franchuk
    Associate
    Ilhar Hakhramanov
    Associate
    Anastasiya Voronova
    Associate