LAW FIRM DIRECTORY

Practice Areas

50 LARGEST PUBLIC TRANSACTIONS

 

TRANSACTION SCOPE

AMOUNT

LAW FIRMS ACCOMPANYING THE TRANSACTIONS

1

 

Alienation of the global generics business Allergan Inc. of Teva Pharmaceutical Industries Ltd by means of a complex cross-border detachment*

 

 

Latham & Watkins LLP, Cleary Gottlieb (for and on behalf of Allergan Inc.), AVELLUM (legal counselor Allergan Inc. on issues of Ukrainian legislation)

 

2

 

Restructuring of the government debt of Ukraine (the issue of bonds and state derivatives as part of the restructuring of 14 series of state-guaranteed and government-guaranteed Eurobonds)

 

18 bln. USD

 

White & Case (international legal counselor of the Ministry of Finance), AVELLUM (the counselor of the Ministry of Finance on issues of Ukrainian legislation)

 

3

 

Acquisition of the shareholding in the amount of 40% in Glencore Agricultural Products by the Canada Pension Plan Investment Board*

 

  1. USD

 

Freshfields Bruckhaus Deringer, AVELLUM (for and on behalf of the Canada Pension Plan Investment Board)

 

4

 

Acquisition of Playtika Group of Companies from Caesars Interactive Entertainment, Inc. by a consortium of Chinese private investors and Shanghai Giant Network Technology Co Ltd*

 

 

Sayenko Kharenko in cooperation with Allen & Overy LLP, Fenwick & West LLP for and on behalf of Giant

 

5

 

Acquisition of Intellectual Property & Science from Thomson Reuters by Onex Corporation (Onex) and Baring Private Equity Asia (Baring Asia)*

 

  1. USD

 

Latham & Watkins — global counselor for Baring Private Equity Asia and Onex Corporation, AVELLUM — Ukrainian legal counselor

 

6

 

Restructuring of the debt of Metinvest B.V. including the support for restatement of the Program for the issue of medium-term guaranteed bonds amounting to 1.5 bln. USD, the issue of bonds maturing in 2017 in the amount of 280 mln. USD with its listing on the Irish Stock Exchange, the substitution of the bonds maturing in 2015 and amounting to 500 mln. USD issued earlier by the newly-issued bonds

 

  1. USD

 

Baker & McKenzie for and on behalf of Metinvest B.V. and other companies of Metinvest Group

 

7

 

Acquisition of the business in the area of building operations — Global WorkPlace Solutions from Johnson Сontrols, Inc. by CBRE Group*

 

  1. USD

 

Arzinger — legal counselor for Johnson Сontrols, Inc. on issues of Ukrainian legislation

 

8

 

The third issue of Eurobonds amounting to 1 bln. USD with a yield of 1.471%, maturing in 2021, fully guaranteed by the United States represented by the U.S. Agency for International Development (USAID)

 

1 bln.  USD

 

White & Case LLP and AVELLUM for and on behalf of the Ministry of Finance of Ukraine Sayenko Kharenko — legal counselor on issues of Ukrainian legislation for Citigroup, J.P. Morgan and Morgan Stanley, lead managers. Weil, Gotshal & Manges LLP advised the Special Committee of Creditors. Dentons (Kyiv) advised the Special Committee of Creditors on issues of Ukrainian legislation

 

9

 

Sale of eBay Enterprise division by eBay to the consortium of buyers headed by Sterling Partners and Permira Funds*

 

925 mln. USD

 

Morgan Lewis (USA) — chief counselor for eBay Inc., EY advised on the Ukrainian aspects of transactions. Clifford Chance — Ukrainian legal counselor for Permira Funds

 

10

 

Corporate reorganization of Logoplaste Group*

 

660 mln. Euro

 

Jeantet for and on behalf of Logoplaste on issues of Ukrainian legislation

 

11

 

Restructuring of loan provided by Sberbank of Russia to Ukrlandfarming Group

 

600 mln. USD

 

Redcliffe Partners (Ukraine), Clifford Chance (Russia), Herbert Smith (Russia), Lenz & Staehelin (Switzerland), George Yiangou (Cyprus) for and on behalf of Sberbank of Russia and Deutsche Bank AG

 

12

 

Restructuring of loan participation notes in the amount of 250 mln. USD at the rate of 8% and maturing in 2015 (Bonds-2015) issued by Credit Suisse and loan participation notes in the amount of 300 mln. USD at the rate of 9.375% and maturing in 2016 (Bonds-2016) issued by Kyiv Finance plc. Bonds-2015 and Bonds-2016 were issued to finance the respective loans for the city of Kyiv

 

550 mln. USD

 

White & Case LLP advised the Ministry of Finance of Ukraine and the city of Kyiv on issues of English law. AVELLUM — legal counselor for the Ministry of Finance of Ukraine and the city of Kyiv on issues of Ukrainian legislation. Sayenko Kharenko — legal counselor for Goldman Sachs, the dealer manager, on issues of Ukrainian legislation.

 

13

 

Acquisition of Den Braven, the Dutch manufacturer of adhesive sealants, by Arkema SA from the fund of Dutch private equity firm Egeria*

 

533 mln USD

 

Loyens & Loeff — global counselor for Arkema SA. Kinstellar, legal counselor on the issues of Ukrainian, Bulgarian, Romanian and Turkish legislation, Cuatrecasas — counselor on issues of Spanish and Portuguese legislation. Clifford Chance — legal counselor for Den Braven

 

14

 

Restructuring the loan participation notes in the amount of 500 mln. USD issued by Shortline plc for the purpose of financing loans granted to Ukrzaliznytsia PJSC (as the successor of railway transport enterprises)

 

500 mln. USD

 

White & Case, Asters for and on behalf of  Ukrzaliznytsia, Sayenko Kharenko — legal counselor on the issues of Ukrainian legislation for the Eurobond Holders Special Committee

 

15

 

Restructuring of Eurobonds issued by UkrLandFarming PLC maturing in 2018 by  obtaining consent of  Eurobond holders to change  Eurobond terms

 

500 mln. USD

 

Moris Group for and on behalf of UkrLandFarming

 

16

 

Restructuring of DTEK debt

 

436 mln. USD

 

Jeantet — legal counselor for Amsterdam Trade Bank N.V. on the law of Ukraine under the restructuring of DTEK Group debt in cooperation with Sberbank of Russia. Norton Rose Fulbright —counselor for English law

 

17

 

Issue of the loan participation notes for the purpose of financing the subordinated loan for PrivatBank

 

420 mln. USD

 

Latham & Watkins and Freshfields Bruckhaus Deringer advised PrivatBank on issues of English law. AVELLUM acted as Ukrainian legal counselor for PrivatBank. Linklaters advised Commerzbank AG. Dentons advised UK SPV Credit Finance PLC (bond issuer) on issues of English law. White & Case advised ICBC Standard Bank PLC (bond issuer) on issues of English law. Dechert advised the group of bondholders on issues of English law

 

18

 

Restructuring of government-guaranteed loan granted to Ukravtodor by Citibank and Sberbank, as well as two government-guaranteed loans provided by Sberbank to the State Agency of Automobile Roads of Ukraine (Ukravtodor) and State Design Bureau Yuzhnoye n.a. M.K.Yangel

 

 

White & Case LLP, AVELLUM for and on behalf of the Ministry of Finance of Ukraine. Linklaters LLP, Sayenko Kharenko for and on behalf of Sberbank of Russia PJSC, Citibank

 

19

 

Restructuring and sale of the right to claim against Creative Group

 

300 mln. USD

 

Arzinger — legal counselor for a banking syndicate (UniCredit Bank, ING, Erste Bank, Societe Generale, VTB Capital, Credit Europe Bank, Amsterdam Trade Bank, Intesa Sanpaolo). Herbert Smith Freehills — legal counselor on English law

 

20

 

Granting a revolving credit line in the amount of 300 mln. USD to Naftogaz of Ukraine National Joint Stock Company by the EBRD for a term of three years

 

300 mln. USD

 

AVELLUM — Ukrainian legal counselor to EBRD

 

21

 

Acquisition of Smyk Group by Bridgepoint*

 

 

Sayenko Kharenko — legal counselor for Bridgepoint on issues of Ukrainian legislation. Clifford Chance (Warsaw) and Redcliffe Partners (Ukraine) for and on behalf of Empik Media & Fashion Group

 

22

 

Restructuring of financing granted to Wind Power LLC, one of the companies from DTEK Group, by  Landesbank Berlin AG

 

244 mln. Euro

 

Clifford Chance (Germany), Clifford Chance (Holland), Redcliffe Partners (Ukraine) for and on behalf of Landesbank Berlin AG

 

23

 

Restructuring of Eurobonds in connection with offer in the amount of 150 mln. USD maturing in 2016 by PrivatBank CB PJSC and Eurobonds in the amount of 70 mln. USD maturing in 2021

 

220 mln. USD

 

Sayenko Kharenko — legal adviser to Commerzbank AG

 

24

 

Restructuring of Eurobonds issued by AVANGARDCO, the largest producer of eggs and egg products in Ukraine, at rate of 10%

 

200 mln. USD

 

Sayenko Kharenko, DLA Piper — legal advisers to AVANGARDCO IPL

 

25

 

Restructuring of Eurobonds in the amount of 200 mln. USD issued by PrivatBank CB PJSC and maturing in September 2015

 

200 mln. USD

 

Sayenko Kharenko — legal adviser to Commerzbank AG

 

26

 

Restructuring of debt of borrowers from BTA Bank (Kazakhstan)

 

200 mln. USD

 

Ilyashev & Partners for and on behalf of BTA Bank (Kazakhstan)

 

27

 

Sale of Hamé company to Orkla Group of Companies producing nutrition products*

 

175 mln. Euro

 

СMS for and on behalf of the seller, DECAPTERUS S.A.R.L. DLA Piper advised Orkla

 

28

 

Acquisition of 50.0072% shares in BTA Bank PJSC (Ukraine) by BTA Bank JSC (Kazakhstan) and  increase of the ownership interest in Ukrainian BTA Bank from 49.99% to 89.99%

 

180 mln. USD

 

Ilyashev & Partners for and on behalf of BTA Bank (Kazakhstan)

 

29

 

Construction of cottage settlement Garden Bay Resort by City Capital Group

 

170 mln. USD

 

Gramatskiy & Partners for and on behalf of City Capital Group

 

30

 

Carve-out of shares in Raiffeisen Bank Aval JSC in favor of the European Bank for Reconstruction and Development

 

122 mln. Euro

 

AVELLUM for and on behalf of Raiffeisen Bank International AG, Clifford Chance, Redcliffe Partners for and on behalf of EBRD

 

31

 

Implementation of project for construction of biomass power plant in Ukraine by Donegal FRS Group

 

130 mln. USD

 

GOLAW for and on behalf of Donegal FRS Group

 

32

 

Increase in UkrSibbank's charter capital

 

 

Chadbourne & Parke LLP and Asters for and on behalf of EBRD, Cleary Gottlieb Steen & Hamilton LLP — counselor to BNPP on the issues of English law

 

33

 

Delivery of equipment by Danfoss A/S (Denmark)

 

115 mln. USD

 

Gramatskiy & Partners for and on behalf of Danfoss TOV foreign-owned LLC, Danfoss A/S

 

34

 

Restructuring of loan granted to the State Agency of Automobile Roads of Ukraine (Ukravtodor) under  state guarantees

 

 

White & Case LLP, AVELLUM for and on behalf of the Ministry of Finance of Ukraine. Linklaters LLP, Sayenko Kharenko for and on behalf of VTB Capital

 

35

 

Retailoring of subordinated loan by Oschadbank in accordance with requirements of the Extended Fund Facility of the International Monetary Fund

 

100 mln. USD

 

Sayenko Kharenko — legal counselor to Oschadbank JSC

 

36

 

Provision of pre-export financing to Myronivsky Hliboproduct by ING Bank N.V., Crédit Agricole Corporate and Investment Bank

 

100 mln. USD

 

AVELLUM acted as Ukrainian legal counselor to ING Bank N.V. Norton Rose Fulbright advised ING Bank N.V. on issues of English law. Arendt & Medernach advised ING Bank N.V. on issues of Luxembourg legislation. Montanios & Montanios LLC advised ING Bank N.V. on issues of Cypriot legislation. Harneys advised ING Bank N.V. on issues of BVI legislation

 

37

 

Construction of the first stage of the Business Park office complex by City Capital Group 

 

100 mln. USD

 

Gramatskiy& Partners for and on behalf of City Capital Group

 

38

 

Construction of the Park Avenue complex by Seven Hill

 

90 mln. USD

 

Gramatskiy & Partners for and on behalf of Seven Hills

 

39

 

Purchase and sale of corporate rights and corporate restructuring of a number of IT-companies of Dreamscape Networks International Group*

 

90 mln. USD

 

GOLAW for and on behalf of Dreamscape Networks

 

40

 

Granting a loan to Myronivsky Hliboproduct for the expansion of production facilities – the construction of a grain elevator in Western Ukraine

 

85 mln. USD

 

Dentons for and on behalf of MHP, Linklaters (Warsaw), Redcliffe Partners  for and on behalf of EBRD

 

41

 

Launch of debut financing for the housing energy efficiency program in Ukraine by EBRD

 

75 mln. Euro

 

Redcliffe Partners for and on behalf of EBRD

 

42

 

Granting a loan to Kronospan UA LLC by EBRD with the purpose of financing capital costs

 

67 mln. Euro

 

Sayenko Kharenko — legal counselor to EBRD

 

43

 

Construction of Quarter-Avia residential complex (Vishneve)  and residential complex on Dontsova Street (city of Kyiv) by Alfa-Capital-Invest through Toloka Construction Financing Fund

 

70 mln. USD

 

Gramatskiy & Partners for and on behalf of Alfa-Capital-Invest

 

44

 

Modification of terms for financing granted to Astarta

 

55 mln. USD

 

Redcliffe Partners for and on behalf of Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (The Netherlands Development Finance Company)

 

45

 

Acquisition of Starco business in Eastern Europe by Bohnenkamp, AG*

 

55 mln. USD

 

PwC Legal (Ukraine), PricewaterhouseCoopers Legal Aktiengesellschaft Rechtsanwaltsgesellschaft (Germany) for and on behalf of Bohnenkamp, AG. KromannReumert (Denmark) for and on behalf of Starco Europe A/S

 

46

 

Acquision of Todini Costruzioni Generali S.p.A from Salini Impregilo S.p.A. by Prime System Kz Ltd*

 

about 51 mln. Euro

 

CMS for and on behalf of O.Shadiyeva and Prime System Kz Ltd

 

47

 

Granting of loan to Ukrtelekom by the China Development Bank (CDB)

 

50 mln. USD

 

Asters for and on behalf of CDB

 

48

 

Granting of loan by Turkey to Ukraine

 

50 mln. USD

 

White & Case and AVELLUM for and on behalf of the Ministry of Finance of Ukraine

 

49

 

Granting of trade financing to Quadra Commodities SA by Rabobank International

 

50 mln. USD

 

Integrites for and on behalf of Rabobank International

 

50

 

Restructuring of debt owed to the state on bonds of Aviant Plant

 

 

Ilyashev & Partners for and on behalf of Antonov SE

 

NOTES. THE SPECIFIED TRANSACTIONS WERE MADE IN THE IV QUARTER OF 2015 - THE I-III QUARTERS OF 2016. TRANSACTIONS SPECIFIED ON A CONFIDENTIAL BASIS ARE NOT INCLUDED IN THE TABLE. SYMBOL LEGEND: * — global transaction, ** — from public sources