LAW FIRM DIRECTORY

Practice Areas

50 LARGEST PUBLIC TRANSACTIONS


TRANSACTION SCOPE SUM LAW FIRMS ACCOMPANYING THE TRANSACTIONS
1 Establishment of a joint venture between GlaxoSmithKline and Novartis in the OTC drugs segment and the exchange of the cancer (oncology) business and vaccines divisions between GSK and Novartis* 20 billion USD Avellum Partners, Freshfields Bruckhaus Deringer acting for Novartis
2 Global restructuring of the coffee business owned by Mondelez International Inc* 5 billion USD ** Clifford Chance/Redсliffe Partners acting for Mondelez International Inc
3 Additional issue and placement of Ukrsotsbank shares to increase the authorized capital 5.55 billion UAH Aequo acting for Ukrsotsbank and UniCredit Bank Austria AG
4 EU granting Ukraine macro-financial assistance (within the framework of MFA-III) 1.8 billion EUR AEQUO acting for the European Commission
5 Acquisition by COFCO (Hong Kong) Limited of Noble, one of the largest agricultural companies with business interests in Ukraine* 1.5 billion USD ** Clifford Chance/Redсliffe Partners Clifford Chance/Redсliffe Partners acting for COFCO (Hong Kong) Limited
6 Restructuring of Eurobonds held by JSC Ukreximbank, maturing in 2015, 2016 and 2018, conducted under the Extended Fund Facility of the International Monetary Fund 1.475 billion USD White & Case and Avellum Partners acting for the Ministry of Finance of Ukraine; White & Case, Sayenko Kharenko acting for JSC Ukreximbank
7 Restructuring of Eurobonds held by JSC Sberbank with maturity in 2016 and 2018, conducted under the Extended Fund Facility of the International Monetary Fund 1.2 billion USD White & Case and Avellum Partners acting for the Ministry of Finance of Ukraine; White & Case, Sayenko Kharenko acting for JSC Oschadbank
8 Debt restructuring of METINVEST Group by making changes in the terms of Eurobonds owned by Metinvest B. V. for the sum of 85.2 million USD, at the rate of 10.25% per annum and maturing in 2016; Eurobonds of Metinvest B. V. for the sum of 289.7 million USD, at the rate of 10.5% per annum and maturing in 2017; and Eurobonds of Metinvest B. V. for the sum of 750 million USD, at the rate of 8.75% per annum and maturing in 2018 1.12 billion USD Linklaters LLP acting for BNY Mellon Corporate Trustee Services Limited; Baker & McKenzie (London and Kyiv offices) acting for Metinvest B. V.
9 The second Eurobond issue by the government of Ukraine against security provided by the US Government, legally represented by the United States Agency for International Development, in accordance with the Safeguards Agreement on Borrowing between Ukraine and the United States of America, signed on May 18, 2015, with maturity on May 29, 2020 1 billion USD White & Case and Avellum Partners acting for the Ministry of Finance of Ukraine; Arnold & Porter LLP and Sayenko Kharenko acting for the investment banks Citi, JP Morgan, Morgan Stanley
10 Acquisition of Chemtura AgroSolutions Corporation by Platform Specialty Products* 1 billion USD Eversheds, Ilyashev and Partners acting for Platform Specialty Products
11 Allowance of credit by the Japan international Cooperation Agency (JICA) to the Cabinet of Ministers of Ukraine to implement the project to rebuild sewage treatment facilities at the Bortnychi Sewage Treatment Plant 915 million USD Avellum Partners acting for the Ministry of Finance of Ukraine
12 Obtaining consent (consent solicitation) from the holders of JSC Ukreximbank Eurobonds with maturity in 2015 on the extension of the Eurobonds maturity period for further restructuring 750 million USD Sayenko Kharenko acting for JSC Ukreximbank, Integrites acting for Autonomy Capital
13 Recapitalization of VTB Bank (Ukraine) by increasing the authorized capital 680 million USD Integrites acting for VTB Bank (Ukraine)
14 Delivery by Axis Industries (Lithuania) of individual heat substations, financed by international financial organization 626.2 million EUR Grischenko and Partners acting for Axis Industries
15 Acquisition by Willis Group Holdings plc of the Gras Savoye insurance business * 550 million EUR Clifford Chance/Redcliffe Partners acting for Willis Group Holdings plc
16 Debt restructuring of METINVEST Group through the exchange of Metinvest B. V. Eurobonds for the sum of 500 million USD, at the rate of 10.25% per annum with maturity in 2015, and the issue of new Eurobonds for the sum of 289.7 million USD, at the rate of 10.5% per annum with maturity in 2017 500 million USD Linklaters LLP, Avellum Partners acting for Deutsche Bank (London branch) and ING Bank NV; Linklaters LLP acting for BNY Mellon Corporate Trustee Services Limited, Baker & Mckenzie acting for Metinvest
17 Debt restructuring of the Ferrexpo Group through the exchange of guaranteed Eurobonds for 500 million USD, with a P/E ratio of 7.875%, maturing in 2016 and issued by Ferrexpo Finance plc. This offer of exchange coincided in time with a new Eurobond issue for the total sum of 346.3 million USD, with a P/E ratio of 10.375%, maturing in 2019 500 million USD Herbert Smith Freehills, Walder Wyss ltd , Avelum Partners acting for Ferrexpo PLC, Linklaters LLP and Egorov, Puginsky, Afanasiev and Partners acting for the dealer-managers and Trust Manager
18 Provision of pre-export financing for Duferco SA, one of the largest steel companies 500 million USD Sayenko Kharenko acting for the creditor BNP Paribas
19 The Acquisition by Abbott Laboratories Inc. of the pharmaceutical company Veropharm with business interests in Ukraine* 495 million USD ** Clifford Chance/Redcliffe Partners acting for Abbott Laboratories Inc.
20 The acquisition of control of Mriya Agro Holding by the holders of the majority of the com-pany’s Eurobonds 470 million USD Cadwalader and Avellum Partners acting for the creditors; Latham & Watkins — Counselor of the creditors’ committee. Norton Rose Fulbright — Trustee
21 Implementation by AVANGARDCO IPL of the investment project to build poultry farms in the village of Shidne, Belozersky district, Kherson region 468 million USD Moris Group acting for AVANGARDCO IPL
22 Debt restructuring of Empik Media & Fashion Group (EM&F) 1.64 billion PLZ Sayenko Kharenko acting for the creditors, incl. ING Bank Śląski S. A., Bank Polska Kasa Opieki S.A. and Bank Zachodni WBK S. A.
23 Refinancing of previously granted export finance to Kernel Group about 400 million USD Clifford Chance/Redсliffe Partners acting for UniCredit Bank Austria AG
24 Provision of financing for NNEGC Energoatom by the European Atomic Energy Community for the implementation of the Comprehensive Program for Safety Upgrade of Operated Power Units at Ukrainian NPPs 300 million EUR Sayenko Kharenko acting for the European Atomic Energy Community (Euratom)
25 Provision of two loans to Ukraine by the Canadian Export Agency 400 million CAD White & Case and Avellum Partners acting for the Ministry of Finance of Ukraine; Dentons acting for Export Development Canada
26 Attraction of a revolving line of credit from EBRD by NJSC Naftogaz of Ukraine 300 million USD Aequo acting for NJSC Naftogaz of Ukraine
27 Receipt of control over the logistics centers in Novosibirsk, Yekaterinburg and St. Petersburg (Russia) by the shareholders of BTA Bank (Kazakhstan) 300 million USD Ilyashev and Partners acting for the shareholders of BTA Bank (Kazakhstan)
28 Restructuring of Eurobonds held by the First Ukrainian International Bank, with maturity in 2014, by obtaining the consent (consent solicitation) of Eurobond holders on amendments to the Eurobonds’ terms 252.5 million USD Avellum Partners and Freshfields Bruckhaus Deringer LLP acting for First Ukrainian International Bank (PUMB), Linklaters LLP acting for ING Bank N. V., Sayenko Kharenko acting for the solicitation agent of ING Bank N. V.
29 Attraction by the Ministry of Finance of Ukraine of a loan from Kreditanstalt für Wiederauf-bau 227.8 million USD White & Case and Avellum Partners acting for the Ministry of Finance of Ukraine
30 Restructuring of DTEK Eurobonds, maturing on April 28, 2015, with the first ever used scheme of arrangement under English law 200 million USD Latham & Watkins and Avellum Partners acting for DTEK, Linklaters LLP and Sayenko Kharenko acting for Deutsche Bank
31 Restructuring of Eurobonds of PrivatBank, maturing in 2015, by obtaining consent (the consent solicitation) of Eurobond holders on amendments to the Eurobonds’ terms 200 million USD Sayenko Kharenko acting for the solicitation agent of Commerzbank AG
32 Restructuring and increase in the amount of syndicated financing of Inter Cars S. A. 163 million USD acting for Bank Polska Kasa Opieki, Bank Handlowy w Warszawie, mBank and ING Bank Śląski
33 Increase in the authorized capital of VTB Bank (Ukraine) 156 million Integrites acting for VTB Bank (Ukraine)
34 Provision by the EBRD of two syndicated loans to JSC JV NIBULON 155 million USD Baker & McKenzie acting for the EBRD
35 Provision of credit funds to finance the bond issue for Empik Media & Fashion Group 129.9 million USD ** Clifford Chance/Redcliffe Partners acting for Empik Media & Fashion Group
36 Sale of stocks and shares of five different companies in the course of a complex project on the contested oil port of Vitino (Murmansk, Russia) 125 million USD Hogan Lovells, Freshfields Bruckhaus Deringer, Ilyashev and Partners acting for BTA Bank (Kazakhstan)
37 Sale of iron and steel company JSC LIEPJAS METALURGS 107 million EUR Vasyl Kisil and Partners acting for the corporate seller JSC LIEPĀJAS METALURGS
38 The receipt by BTA Bank (Kazakhstan) of control over Logoparks Tolmachevo and Pyshma through purchase of credit debts and shares of Logopark’s owner 120 million USD Ilyashev and Partners acting for BTA Bank (Kazakhstan)
39 Multijurisdictional corporate restructuring of PALMA GROUP 115 million USD Integrites acting for PALMA GROUP
40 Implementation by AVANGARDCO IPL of an investment project on construction of a feed-processing plant and a grain storage in the village of Humentsi, Kamianets-Podilskyi district, Khmelnytskyi region 112 million USD Moris Group acting for AVANGARDCO IPL
41 Creation of a joint venture between Mitsubishi Heavy Industries and Siemens AG in the field of metallurgical technologies 105 million USD Hogan Lovels, Gide Loyrette Nouel (Kyiv office) acting for Mitsubishi Heavy Industries
42 Provision of pre-export financing for Myronivsky Hliboproduct Group by ING Bank N. V. N.V. 100 million USD Avellum Partners acting for ING Bank N. V.
43 Restructuring of JSC Sberbank’s subordinated loan, accompanied by the loan conversion into Eurobonds 100 million USD Sayenko Kharenko acting for JSC Oschadbank
44 Acquisition of Astelit (TM life:) shares by Turkcell via the purchase from SCM Holdings Limited’s (SCM) of a 44.96 % share stake in Euroasia Telecommunications Holdings BV (the Netherlands) 100 million USD Dentons acting for Turkcell
45 Acquisition of the BRSM filling station chain by the Dutch investment fund FreezeOil Fund 100 million USD Lexwell & Partners acting for FreezeOil Fund
46 Restructuring of financing facility granted for PJSC Sumy Frunze NPO and PJSC Zaporozhtransformator 76 million USD Clifford Chance/Redcliffe Partners acting for ING Bank Ukraine
47 Corporate restructuring of RIKON GROUP 75 million USD Integrites acting for RIKON GROUP
48 Opening of a credit line for LLC BASF T. O. V. 60 million EUR ILF acting for BASF T. O. V. LLC
49 Restructuring of FOTON International debt, incurred when delivering buses from China to CIS countries 64 million USD TCM Group Ukraine acting for FOTON INTERNATIONAL LLC
50 Provision of a secured credit facility for the European Investment Bank for the benefit of Astarta Kyiv (EIB) 55 million USD Gide Loyrette Nouel (Kyiv office) acting for EIB

NOTE. THE TRANSACTIONS WERE CONSUMMATED IN QUARTER IV OF 2014 — QUARTERS I-III OF 2015. THE TRANSACTIONS KNOWN FROM CONFIDENTIAL SOURCES ARE NOT INCLUDED IN THE TABLE. LEGEND: * — FROM OPEN SOURCES, ** — GLOBAL TRANSACTION