Sayenko Kharenko enjoys a global reputation as a leading Ukrainian law firm with an internationally oriented full-service practice. Currently, we are one of the largest law firms in Kyiv, with over 100 lawyers, including 14 partners. The firm specialises in complex cross-border and local matters and regularly handle the largest and most challenging transactions involving Ukraine. Sayenko Kharenko has been named Law firm of the year: Russia, Ukraine and the CIS according to The Lawyer European Awards 2019 and Most Innovative Law Firm for Ukraine by IFLR European Awards 2019.
Sayenko Kharenko acted as legal counsel to Goldman Sachs, ING and Raiffeisen Bank International, lead-managers of the debut USD 800 mln Eurobond offering followed by USD 75 mln tap issued by Far-Eastern Shipping Company plc.
Sayenko Kharenko acted as legal counsel to Goldman
Sachs, ING and Raiffeisen Bank
International, lead-managers of the debut USD 800 mln
Eurobond offering followed by USD 75 mln tap issued by Far-Eastern
Shipping Company plc ("FESCO").
The notes of the both original and tap deals were placed in two
tranches: the USD 500 mln 8% notes due 2018 were tapped for USD 50
mln and the USD 300 mln 8.75% notes due 2020 – for USD 25
mln.
The notes are guaranteed by certain subsidiaries and the parent
company. The funds raised will be used to repay FESCO's
outstanding debt and debt incurred in connection with
the acquisition of FESCO by Summa Group in December 2012.
FESCO is one of the largest Russian port owners
and operators with rail and shipping assets, now part of Summa
Group.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
