Practices

Capital markets

12

Bln USD
Total worth of transactions in capital markets since 2016

Overview

AVELLUM team is well-known for its top tier position in capital markets transactions involving Ukrainian issuers. Among our established clients are both key issuers that supply most of the capital markets offerings out of Ukraine (such as the Ministry of Finance of Ukraine, as well as many Ukrainian industrial blue chips), as well as newcomers seeking a reliable legal advice on how to do their market entries.

We were involved with many among the first-of-their-kind debt and equity capital markets transactions out of Ukraine, including Eurobond offerings and IPOs of Ukrainian issuers. We can safely say that we have done most of the debt capital market deals on the market in recent years. As a result, we gathered an in-depth knowledge of the commercial rationale and the legal and regulatory framework shaping various structures employed by Ukrainian issuers. Combined with the efficiency, agility and strive for excellence that shape our approach among all our practices, this makes us the market leader and the go-to legal advisor for all matters capital markets out of Ukraine.

Heading

Main focuses

Today our debt capital markets practice ranges from “plain vanilla” bond issues, to various structured debt products to public and private equity offerings.

As part of our capital markets practice, we are also regularly involved with various liability management and restructuring exercises.

Apart from cross-border transactions, we have a notable standing with domestic debt and equity capital markets in Ukraine, doing a sizable part of advisory work for both domestic and foreign clients, providing transactional support and taking part in various initiatives to develop both legal rules for different parts of the domestic market.

Key experience

Consensual deferral of external debts worth over USD25 billion

25

Bln USD

Ukrainian legal counsel to (i) the Ministry of Finance of Ukraine, (ii) Private Joint Stock Company “National Power Company “Ukrenergo” (“Ukrenergo”), and (iii) the State Road Agency of Ukraine (“Ukravtodor”)

Debut Eurobond issue of 6.25% guaranteed notes due 2028 with a benefit of the sovereign guarantee

19

Min USD

Legal advisor to Ukravtodor and Goldman Sachs

Issue of EUR-denominated notes ​ with a 7-year tenor​

1

Bln EUR

Legal advisor to the Ministry of Finance of Ukraine

Debut bond issue of Ukravtodor at the international capital markets with the state guarantee

700

Mln USD

Legal advisor to the Ministry of Finance of Ukraine and Ukravtodor

Debt restructuring under the two inter-conditional English schemes of arrangement for DTEK Energy B.V. and DTEK Finance PLC

2

Bln USD

Legal advisor to DTEK Group

Eurobond issue of 8.375% guaranteed notes due 2026, admitted to listing on the Luxembourg Stock Exchange

300

Min USD

Legal advisor to Interpipe Holdings Plc

Notes issue with an 8-year maturity priced at 6.875% annual yield

1.25

Bln USD

Legal advisor to the Ministry of Finance of Ukraine

Tap issue of Ukraine’s outstanding USD2 billion 7.253% notes due 2033

2

Bln USD

Legal advisor to the Ministry of Finance of Ukraine

Eurobond cash tender offer

316

Mln USD

Legal advisor to Ukreximbank and Goldman Sachs International

Show all key experience

Related materials

News

AVELLUM Tax practice shortlisted for ITR EMEA Tax Awards 2025

AVELLUM Tax practice shortlisted for ITR EMEA Tax Awards 2025

Posted on July 16, 2025

Legal alerts

Ukraine synchronises sanctions against russia with EU and G7

Ukraine synchronises sanctions against russia with EU and G7

Posted on July 4, 2025

Legal alerts

Amendments to labour relations regulation during martial law: key points to note

Amendments to Labor Relations Regulation During Martial Law: Key Points to Note

Posted on June 24, 2025

News

Three graduates of Dnipro Municipal Law Lyceum receive Tetiana Dukhovna Scholarship

Three graduates of Dnipro Municipal Law Lyceum receive Tetiana Dukhovna Scholarship

Posted on June 19, 2025

News

Розкриття інформації емітентами цінних паперів

Ми продовжуємо серію публікацій щодо ключових вимог законодавства про ринки капіталу. Сьогодні коротко розглянемо вимоги до розкриття інформації емітентами цінних паперів. Законодавство зобов’язує всіх емітентів цінних паперів розкривати регульовану інформацію, яка поділяється на такі види: Регулярна інформація поділяється на річну (розкривається у річному звіті емітента) та проміжну (розкривається у проміжних звітах). Ця інформація охоплює загальні […]

Posted on June 17, 2025

News

AVELLUM advises Grupa Pracuj on obtaining merger clearance

AVELLUM advises Grupa Pracuj on obtaining merger clearance

Posted on June 4, 2025

Key contacts

GLIB BONDAR

Senior Partner

gbondar@avellum.com

Team

YURII KRASNOLIUDSKIY

Of-counsel

ykrasnoliudskyi@avellum.com

MARIANA PYLYPENKO

Managing Associate

mveremchuk@avellum.com

TETIANA MYKHAILENKO

Senior Associate

tmykhailenko@avellum.com

ELINA KRYHAN

Associate

ekryhan@avellum.com

NIKITA TIPIKIN-HOLOVKO

Associate

ntipikin-holovko@avellum.com

Practice

Mergers and Acquisitions

We provide an unrivaled level of service and expertise in buying or selling a business or establishing a joint venture.

Industry

Energy & Natural resources

We help our clients promptly and efficiently implement their projects and identify and manage all associated risks.

Subscribe to our Newsletter
Back
Search results:
Verified by MonsterInsights