Sayenko Kharenko advises on EUR 1 billion Eurobond issue by Ukraine
Sayenko Kharenko, Kyiv, Ukraine,
Thu, June 27, 2019
Sayenko Kharenko has acted as Ukrainian legal counsel to BNP Paribas and Goldman Sachs International, the joint lead managers of Ukraine’s new benchmark EUR 1 billion Eurobond issue. The notes were issued for the period of 7 years and bear interest at 6.75 % per annum. For Ukraine, this is the first EUR-denominated sovereign debt transaction in more than a decade.
Partner Nazar Chernyavsky commented: “We are proud to have contributed to the return of Ukraine to EUR-linked sources of funding in international capital markets. This successful sovereign issue of EUR-denominated notes opens a new chapter in the strategic relationship between the state and foreign investors.”
Sayenko Kharenko’s team was led by Igor Lozenko and included associates Oles Trachuk and Yurii Dmytrenko.