KYIV, UKRAINE –Salans has advised PJSC “Kreditprombank” on the restructuring of $300 million of the bank’s external debt. Natalia Selyakova, partner in Salans Kyiv office and the Head of Salans’ Banking and Finance practice in Ukraine, commented: “We are glad to assist our client with structuring and implementation of this landmark complex restructuring. We are proud of the client’s confidence in our knowledge and expertise in such a challenging project and offer our heartiest congratulations on its successful implementation.”

About Kreditprombank
The Public Joint Stock Company "Kreditprombank" (www.kreditprombank.com) is a stable universal commercial bank represented in the financial market of Ukraine since 1997. According to the NBU’s classification it is included into the group of the largest banks of the country. 

The Bank provides full range of financial services for the corporate and retail clients, representatives of small and medium business and its customer base amounts to about 400 thousand of physical persons and more than 18 thousand of legal entities. As of 01 February, 2011 the regional network of branches and outlets of "Kreditprombank" included 185 sale points.

About Salans
Salans is a full service leading international law firm with 22 offices worldwide.  Salans LLP has offices, or is associated with Salans offices in: Almaty, Baku, Barcelona, Beijing, Berlin, Bratislava, Brussels, Bucharest, Budapest, Frankfurt, Hong Kong, Istanbul, Kyiv, London, Madrid, Moscow, New York, Paris, Prague, Shanghai, St. Petersburg, Warsaw.  Salans Kyiv office is nominated to win the Chambers Europe Award for Excellence 2011 in Ukraine.

INFORMATION: For more information, please visit www.salans.com

NOTE: Salans is a member of the U.S.-Ukraine Business Council (USUBC), Washington, D.C., www.usubc.org