• Debt restructuring
• Enforcement of various types of security
• Insolvency proceedings
• Pre-insolvency arrangements
• Pre-sale corporate restructuring and reorganisations
• Distressed acquisitions
• Debt for control
• Preferred equity
• Convertible debt
• Mezzanine debt
• Rescue and exit financing
• Special situations strategies

Our experience includes advising:

• Deutsche Bank, ING, Natixis and UniCredit in their capacity as the co-ordinating committee for the pre-export finance banks on the successful implementation of the USD 2.3 billion debt restructuring of Metinvest
• Ukrnafta, Ukraine’s largest oil producer, on the successful settlement of its USD 1.1 billion tax debt (the largest tax debt in Ukraine’s history)
• Saudi Agriculture and Livestock Investment Company, a company owned by the Public Investment Fund of Saudi Arabia, on the restructuring (involving dozens of insolvency and hundreds of court proceedings) of Mriya Agro Holding, one of the largest agro-industrial companies in the region which collapsed in 2014, and subsequent acquisition. (The project was recognised as the Deal of the Year for Ukraine in 2018 according to CEE Legal Matters)
• EBRD on the insolvency proceedings against Interleaseinvest, one of the leading privately owned providers of railway cargo transportation and freight railcar operating lease services, resulting in taking over of a large pool of railcars and transferring it into an SPV controlled by the bank
• Landesbank Berlin on the restructuring of the EUR 244 million financing provided to a company of the DTEK Group and guaranteed by EKF, Denmark’s export credit agency
• The committee of creditors on the USD 2 billion debt restructuring of the Industrial Union of Donbas
• The committee of creditors on the USD 820 million debt restructuring of Donetsksteel, Ukraine’s largest producer of hard coking coal
• China Development Bank on the restructuring of the USD 3.65 billion loan to Naftogaz of Ukraine guaranteed by the State of Ukraine
• Export-Import Bank of Korea on the restructuring of the USD 261 million loan to Southern Railway, guaranteed by the State of Ukraine
• Citibank on the restructuring of the USD 55 million loan to Interpipe, one of the largest producers of steel pipe and railway wheels in the region
• Citibank as trustee on the debt restructuring of Kreditprombank
• EBRD on the insolvency proceedings against Bank Forum, a Ukrainian commercial bank
• Citibank on the restructuring of its USD 88 million loan facility provided to Rubizhne Cardboard and Packaging Mill
• The co-ordinating committee of lenders on the debt restructuring of RUSAL in Ukraine
• First Ukrainian International Bank on the USD 237 million restructuring of the loan facility granted by a group of foreign banks