24
Sun, Nov
57 New Articles

Weil and Sayenko Kharenko Advise on USD 23 Billion Restructuring of Ukraine’s Sovereign Debt

Ukraine
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Weil and Sayenko Kharenko have advised an ad hoc committee of bondholders of Ukraine’s Eurobonds on a USD 23 billion restructuring of Ukraine’s sovereign debt. White & Case and Avellum reportedly advised the Ministry of Finance of Ukraine.

According to Weil, "the restructuring, agreed in principle between the committee and Ukraine in mid-July, was implemented through an exchange offer and consent solicitation, pursuant to which each series of Eurobonds was exchanged for a package of new step-up A bonds and step-up B bonds."

The Weil team was led by London-based Partner Andrew Wilkinson.

The Sayenko Kharenko team included Partners Nazar Chernyavsky, Anton Korobeynikov, and Igor Lozenko and Senior Associate Oles Trachuk.

Editor's Note: After this article was published, Avellum confirmed its involvement. The firm's team included Senior Partner Glib Bondar, Managing Associates Mariana Veremchuk and Yurii Krasnoliudskyi, Associates Andrii Kroshko, Elina Kryhan, Nikita Tipikin-Holovko, and Olha Harhola.