Avellum Partners advised on New Eurobond Offering by MTS and Tap Issues by DTEK and Ukrlandfarming
Avellum Partners acted as Ukrainian law counsel on three Eurobond transactions, including:
Tap Issue by DTEK
Avellum Partners advised DTEK on the USD 150 million tap issue to be consolidated with the USD 600 million 7.875% high yield notes due 2018, which are listed on the Irish Stock Exchange.
Deutsche Bank, ING, J.P. Morgan, Sberbank CIB, UniCredit Bank, and VTB Capital were joint lead managers of the issue.
New Eurobond Offering by MTS
Avellum Partners advised Mobile TeleSystems OJSC on its USD 500 million ten-year Eurobond offering. The transaction was structured as an offering of 5,00% loan participation notes due 2023, which were issued under Regulation S and Rule 144A, and are listed on the Irish Stock Exchange. J.P. Morgan Securities plc, Gazprombank, The Royal Bank of Scotland were joint lead managers of the issue.
Tap Issue by Ukrlandfarming
The firm`s lawyers advised Deutsche Bank and Sberbank CIB as joint lead managers on the USD150 million tap issue to be consolidated with the USD 275 million 10.875% notes due 2018, which are listed on the Irish Stock Exchange, issued by Ukrlandfarming.
These transactions* were led by partners, Glib Bondar and Mykola Stetsenko, with significant input from associates Olena Polyakova, Artem Shyrkozhukhov, Oleksandr Polonyk, Taras Dmukhovskyy, and Gennadii Roschepii.