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ELINA KRYHAN

Associate

Elina Kryhan is an Associate at AVELLUM’s Banking and Finance practice.

She specialises in matters relating to lending, bond issuance, debt restructuring and regulatory matters of financial law. 

  • EDUCATION AND BAR ADMISSIONS

      Bachelor of Law degree, 2024, the Institute of Law of the Taras Shevchenko National University of Kyiv

  • RECENT EXPERIENCE

      Acted as the Ukrainian legal counsel to MHP Group in connection with the issuance by MHP Lux S.A. of USD450 million 10.500% guaranteed notes due 2029 and subsequent USD100 million tap issuance of the same notes

      Acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”), the European Investment Bank (“EIB”), and Deutsche Investitions- und Entwicklungsgesellschaft mbH (“DEG”) (together, “Lenders”) in connection with a USD171 million debt override agreement entered into with Nibulon Ltd (“Nibulon”)

      Acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on successful restructuring of Ukraine’s GDP-linked warrants

      Acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”) in connection with the EUR500 million loan to Joint Stock Company “National Joint Stock Company “Naftogaz of Ukraine” (“Naftogaz”)

      Acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on a defence financing facility of up to GBP 1.7 billion, guaranteed by UK Export Finance

      Acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with three landmark loans from the United Kingdom, Canada, and Japan provided under the auspices of the EUR45 billion G7 ‘Extraordinary Revenue Acceleration (ERA) Loans for Ukraine’ initiative

      Advised the Ministry of Finance of Ukraine on USD20 billion loan from the U.S. Department of the Treasury, provided under EUR45 billion G7 ‘Extraordinary Revenue Acceleration (ERA) Loans for Ukraine’ initiative

      Advised the Ministry of Finance of Ukraine in the successful restructuring of Ukraine’s state and state-guaranteed external debt, totalling USD20.47 billion, which involved a joint consent solicitation and the exchange of 13 series of Ukraine’s outstanding Eurobonds and state-guaranteed Eurobonds of State Agency for Restoration and Development of Infrastructure into 8 new series of Ukraine’s Eurobonds

      Advised the Ministry of Finance of Ukraine on a defence financing facility of up to GBP 1.7 billion, guaranteed by UK Export Finance

      Advised Private Joint Stock Company “VF Ukraine” on a successful consent solicitation in relation to its USD500 million 6.20% loan participation notes due 2025, resulting in extension of the maturity of the notes and increased coupon rate

      Advised EBRD in connection with the EUR500 million loan to Joint Stock Company “National Joint Stock Company “Naftogaz of Ukraine”

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Partner

ANDRIY FORTUNENKO

Andriy Fortunenko is a Partner at AVELLUM’s Dispute Resolution practice and Head of White-Collar Crime Practice.

Associate

NIKITA TIPIKIN-HOLOVKO

Nikita Tipikin-Holovko is an Associate at AVELLUM’s Banking & Finance, Capital Markets and Restructuring practices.

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