Practices

Restructuring

Heading

Overview

We have been involved in many of the high-profile Ukrainian debt restructurings.

Our expertise in matters of debt restructuring covers:

  • distressed asset transactions
  • reschedulings, reprofilings and other forms of restructuring, either consensual or contentious
  • formal insolvency proceedings
  • debtor advisory work

We regularly advise all types of Ukrainian debtors, from corporates to the sovereign to various state-owned quasi-sovereign entities, as well as individual and groups of creditors. Because we work regularly for both lenders and borrowers, we can see the very complex process of debt restructurings from every angle and can provide a strategic advice to our clients.

Our extensive experience in the fields of tax, corporate law and dispute resolution make our advice in debt restructurings comprehensive and valuable.

Key experience

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

Open market repurchase of Ukraine’s outstanding GDP-linked warrants

1.5

Bln USD

Legal advisor to the Ministry of Finance of Ukraine

Dual-currency Eurobond issue and tender offer

834

Mln USD

Legal Advisor to Metinvest

Restructuring of sovereign-guaranteed term loans from JSC Sberbank of Russia to Ukravtodor and Yuzhnoye State Design Office

367

Mln USD

Legal Advisor to the Ministry of Finance of Ukraine

Exchange Offer under Guaranteed MTN Programme

500

Mln USD

Legal Advisor to Dealer Managers

Restructuring of guaranteed notes and the PXF syndicated loan facilities

2.3

Bln USD

Legal Advisor to Bondholders Committee of Metinvest

New Eurobond Issue and Exchange Offer and Consent Solicitation

100

Mln USD

Legal Advisor to Dealer Manager and Lender

Exchange Offer with scheme of arrangement, approved by English court

1.7

Bln USD

Legal Advisor to Bondholders Committee

Restructuring of thirteen sovereign and sovereign-guaranteed Eurobonds

15

Bln USD

Legal Advisor to Ministry of Finance of Ukraine

Show all key experience

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Posted on July 6, 2022
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Posted on July 6, 2022
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Posted on July 6, 2022
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Key contacts

GLIB BONDAR

Senior Partner

gbondar@avellum.com

Team

VADIM MEDVEDEV

Partner

vmedvedev@avellum.com

OLEG KRAINSKYI

Managing Associate

okrainskyi@avellum.com

TETIANA MYKHAILENKO

Senior Associate

tmykhailenko@avellum.com

MARIANA VEREMCHUK

Associate

mveremchuk@avellum.com

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