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*
|
|
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)*
|
|
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
|
|
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*
|
|
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