"This established local firm is widely respected
for the quality of its advice and its impressive track record"
Chambers Europe

Banking & Finance

Banking and finance are the areas of our core expertise. Nearly every year the firm and its partners Armen Khachaturyan, Iryna Pokanay and Svitlana Poroschuk are noted as the very best in Ukraine in this field by prominent Ukrainian and international peer review-based ratings.

Among our clients are Barclays Capital, Credit Suisse, Deutsche Bank, Dresdner Kleinwort Wasserstein, HSBC, ING Bank, JP Morgan Chase, Kookmin Bank, Bank of America Merrill Lynch, Morgan Stanley, Societe Generale, Standard Bank, Swedbank, UBS Investment Bank, State Savings Bank of Ukraine Oschadbank, Ukreximbank, Ukrsibbank, and Ukrsotsbank.

Firm recognition:

  • Highly recommended firm in banking and finance
    IFLR1000 2017
  • Band 1 law firm for banking and finance
    Chambers Global 2017
  • Band 1 law firm for banking and finance
    Chambers Europe 2017
  • Tier 1 firm in banking and finance
    The Legal 500: EMEA 2017
  • One of the Top 5 law firms in banking and finance
    Ukrainian Law Firms 2015

Representative experience

We have advised leading banks and financial institutions on major projects in Ukraine, including:

  • Swedbank, a leading Nordic banking group, in $735 million acquisition of TAS-Kommerzbank, creation of the first bank holding group, and merger of its Ukrainian bank subsidiaries.
  • Sberbank, Savings Bank of the Russian Federation, on a $700 million syndicated financing to Metinvest, the largest metals manufacturing holding in Ukraine.
  • European Bank for Reconstruction and Development in a number of major projects for a total value exceeding $600 million, including a $100 million subordinated loan to UkrSibbank, a major Ukrainian bank majority-owned by BNP Paribas.
  • International Finance Corporate, part of the World Bank group, in a number of projects for a total value exceeding $290 million, including $75 million financing to Mriya group, one of the largest agro holdings in Ukraine.
  • Deutsche Bank AG in connection with $480 million loan facility provided to the State Road Service of Ukraine under guarantee of the Cabinet of Ministers of Ukraine for the purpose of financing reconstruction of the Kyiv-Odesa highway.
  • UniCredito Italiano on regulatory issues related to banking, stock market, and general corporate law and help Unicredito obtain approvals of the central bank of Ukraine for their merger with Bayerische Hypo- und Vereinsbank AG (HVB Group), one of the leading German banks.Standard Bank and BNP Paribas as lead managers in connection with $ 100 million Eurobond offering by Bank Pivdennyi.
  • Citigroup and Standard Bank as lead managers in connection with $ 100 million Eurobond offering by Forum Bank. Dresdner Kleinwort Wasserstein, JP Morgan Chase and UBS as lead managers in connection with Kyiv City $ 150 million Eurobond issue, the first municipal Eurobond offering in Ukraine.
  • Dresdner Kleinwort Wasserstein as lead manager in a debut $ 100 million Eurobond offering by UkrSibbank.
  • Ukreximbank in connection with $ 150 million Eurobond issue.
  • Aval Bank in a $1.028 billion sale of a controlling stake in the bank to Raiffeisen International.

In addition to our expertise in these standard matters, we are known for our innovative solutions of novel and complex legal problems: from securitization to cash-pooling arrangements. We provide a full range of legal services in banking and finance.

 

Partners

    Publications

    30 May 2017

    Financial Arbitration Procedure in Ukraine (Rus)

    8 February 2016

    The shaky stabilization (Ukr)

    Brochure

    Corporate Brochure

    Corporate Brochure

    View full list of Brochures