Subsectors:

• Acquisition Finance
• Derivatives
• Financial Services Regulation
• General Corporate Lending and Refinancing
• Project and Infrastructure Finance
• Real Estate Finance
• Restructuring
• Trade Finance
• Structured Finance

Services:

• Structuring domestic and cross-border finance transactions, including all type of collateral arrangement and hybrid loans, such as bank/bond structures
• Negotiation of loan documentation and security packages
• Documentation of inter-creditor relationships
• Enforcement of collateral
• Tailoring and negotiating derivatives contract documentation, such as the standard documentation from the International Swaps and Derivatives Association (ISDA)
• Regulatory advice
• Debt recovery
• Tax advice in finance transactions

Our experience includes:

Corporate Lending

• Advising EBRD, DFC and IFC in connection with an up to USD 480 million financing package to MHP (Deal of the Year according to CEE Legal Matters 2023 awarded to Redcliffe Partners)​
• Advising the Netherlands (acting through Invest International Public Programmes B.V.) in connection with EUR 27 million loan to Kovalska​
• Advising EBRD on supporting Nibulon with USD 27 million secured financing
• Advising Citibank on its USD 30 million loan to MHP
• Advising the EBRD in connection with developing mechanisms and policies for setting up risk sharing arrangements between the EBRD and Ukrainian banks for the purposes of creating additional co-financing instruments to support loans to local companies.
• Advising Deutsche Bank AG in connection with up to USD 600 million financing of Ukrlandfarming
• Advising Astarta Group in connection with a loan agreement from AKA Bank secured by a guarantee from export credit agency and guarantees from Astarta’s subsidiaries (PXF financing)
• Advising Empik Media & Fashion Group in connection with 400 million zlotys (USD 129.9 million) loan agreement with lenders

Project Finance

• Advising EBRD in connection with EUR 24 million loan to MHP
• Advising EBRD in connection with risk sharing instruments provided to ProCredit Bank, OTP Bank, OTP Leasing, Kredobank, Credit Agricole Bank, PrivatBank, Bank Lviv, Raiffeisen Bank, and UkrSibbank
• Advising EBRD, NEFCO, BSTDB, Proparco, Finnfund, IFU, FMO, Green for Growth Fund and J.P. Morgan Securities Plc (debt coordinator) in connection with a EUR 262 million secured term loan to SyvashEnergoProm to fund the construction of a 250 MW wind power plant near Syvash Lake, in the Kherson Region of Ukraine, one of the largest renewables project financing in Ukraine
• Advising IFC and EBRD in connection with a USD 74 million senior secured loan to MV Cargo LLC for the greenfield development of an oil and vegetable terminal in Yuzhny seaport in Ukraine
• Advising China Development Bank in connection with USD 3 billion financing to National Joint Stock Company Naftogaz of Ukraine guaranteed by Ukraine
• Advising EBRD in connection with a EUR 48 million loan to LLC Novoazovskiy Wind Park aimed at developing a 57.5MV Novoazovsk Wind Farm
• Advising EBRD in connection with the USD 56 million term secured loan, including USD 8 million tranche funded by the Clean Technology Fund, to be provided to four Ukrainian members of the Kernel Group for the construction of four biomass plants
• Advising FMO, Green for Growth Fund and Norwegian Guarantee Institute for Export Credits with respect to EUR 37 million financing for the construction, maintenance and operation of a 54MW solar PV plant in Bohuslav, Kyiv region

Restructuring

• Advising Deutsche Bank, ING, Natixis and UniCredit on the restructuring of over USD 1 billion Metinvest debt
• Advising Citibank Europe Plc in connection with restructuring of its loan facility for the total amount of USD 88 million previously provided to Rubizhne Cardboard and Packaging Mill (RKTK)
• Advising SALIC, one of the largest agricultural producers, in connection with acquisition of Mriya amidst massive debt restructuring and insolvency; advice on various debt restructuring and insolvency issues
• Advising the committee of creditors in connection with the USD 820 million debt restructuring of Public Joint Stock Company “Donetsksteel – Iron and Steel Works”, Ukraine’s largest producer of hard coking coal
• Advising EBRD in connection with restructuring USD 90 million financing of Interleaseinvest LLC, one of the leading privately-owned providers of rail cargo transportation and freight railcar operating lease services to corporate clients in Ukraine
• Advising Landesbank Berlin in connection with the restructuring of a EUR 244 million financing provided to Wind Power LLC (part of DTEK Group), guaranteed by EKF, a Danish export credit agency
• Advising the coordinating committee of lenders in connection with debt restructuring of RUSAL Group in Ukraine
• Advising FUIB in connection with restructuring a USD 237 million credit facility granted by a group of foreign banks

Trade and Pre-Export Finance

• Advising Ferrexpo, a leading European producer of iron ore pellets, in connection with a USD 400 million pre-export finance facility
• Advising UniCredit Bank Austrian AG and ING Bank N.V. in connection with an up to USD 200 million PXF revolving credit facility to Kernel Group
• Advising Natixis SA in connection with Ukrainian law aspects relating to extension of a USD 210 facility agreement secured, among others, by a pledge over grain commodities stored in various facilities across Ukraine by Kernel