Chadbourne Represents Bank of Cyprus in €202.5 Million Sale of Ukrainian Business

Chadbourne & Parke LLP,
Kyiv, Ukraine, Wednesday, April 23, 2014

April 23,2014—Chadbourne & Parkerepresented the Bank of Cyprus Public Company Ltd on the sale of its Ukrainiansubsidiary, PJSC “Bank of Cyprus”, and associated debt to Alfa Group, Russia’slargest privately owned banking group, for €202.5 million (US$280 million).  The transaction was signed on 5 February andclosed on 17 April 2014.

Charez Golvala, who led the Chadbourne team,said: “We are delighted to have advised Bank of Cyprus all the way through thesale process and to have helped bring the deal to a successful completion lastweek.”

The Chadbourne team included Charez Golvala, AlexandraNeovius, Nonna Crane, Tetyana Dovgan, Sergiy Onishchenko, Oleksandra Soloviova,Anna Putintseva, Julia Dmitrieva, Olga Vorozhbyt, Anna Iakubenko, HenryAndreae, Peter Weiland, Kevin Atkins, Adam Mycyk, Paul White, Mykola Heletiyand Vitalii Mainarovich from Chadbourne’s London and Kyiv offices.

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About Chadbourne &Parke

A New York-basedinternational law firm, Chadbourne & Parke partners with our clients topromote their business objectives around the world. We offer a full rangeof legal services and deliver innovative and effective results drawing on ourlocal expertise and relationships in our international platform of 12 officesacross four continents. Recognized by Chambers Global in 36practice areas in 12 regions, we have developed a unique focus on emergingmarkets and offer significant experience and depth in energy andinfrastructure, international disputes, Latin American corporate and financetransactions, corporate M&A, and bankruptcy and financial restructuring.

Chadbourne’s Kyiv Office wasestablished in 1993 and comprises top US and Ukrainian qualified lawyers whospecialize in corporate M&A, banking and finance, capital markets, debtrestructuring, litigation and arbitration, compliance, taxation and real estatematters.