Konnov & Sozanovsky Full Scope of Legal Services

The banking and finance practice of Konnov & Sozanovsky has been growing rapidly for the last years. Our specialists advise clients not only on issues of intra-group loans or debt financing on the local market, but also represent the interests of borrowers and lenders in international banking and financial transactions.

 

  • Advising on the full range of financial products, including syndicated loans, loan participation notes, project financing, financing of stock and assets purchase
  • Drafting of various loan and credit facilities agreements for servicing debt financing transactions
  • Drafting of contracts ensuring/guaranteeing the fulfillment of borrower’s obligations under loan and credit facility agreements
  • Participation in negotiations with parties to deals on debt financing in Ukraine and on international markets as well as with regulatory authorities
  • Advising borrowers and lenders on various matters of the Ukrainian law related to the conclusion and fulfilment of banking and financial transactions
  • Registration of loan facility agreements with the National Bank of Ukraine
  • Counseling on bankruptcy and debt restructuring issues

 

The clients of Konnov & Sozanovsky include international and Ukrainian companies such as Caterpillar Financial, Coöperatieve Centrale Raiffeisen-Boerenleenbank, Fortis Bank N.V., GTS Energis, Soudelor Limited, NFI Empik Media & Fashion, Integrated Network Solutions, Logoplaste Ukraine, FILM.UA.

Our recent projects

Our recent experience includes advising:

  • Caterpillar Financial on a USD 50 million inter-group term loan facility. Our team advised the client on the structure of the agreement, assignment of the agreement to the new lender, and registration of the agreement with the National Bank of Ukraine;

  • Caterpillar Financial on a Euro 30 million inter-group term loan facility;

  • Logoplaste Ukraine, a subsidiary of Logoplaste, in its capacity as a borrower of a EUR 4.1 million loan from the EBRD;

  • Khortitsya – a major Ukrainian alcohol producer in connection with a RUB 172 million credit facility from Moscovsky Mezhdunarodny Bank;

  • Coöperatieve Centrale Raiffeisen-Boerenleenbank and Fortis Bank N.V. on the commodity based pledge agreement ancillary to USD 230 million Credit Facilities Agreements to Interfood B.V. and its related parties;

  • Soudelor Limited – an operational company within a major Russian telecommunications group – on a USD 2 million secured revolving term facility to IPNET, a Ukrainian Internet provider. The project included negotiation of a loan agreement and security documents securing the performance by the borrower of its obligations under the facility agreement;

  • NFI Empik Media & Fashion – a major Eastern European investment fund active in the area of retail business – on a number of inter-group and other corporate and credit facilities agreements relating to its Ukrainian subsidiaries for a total amount exceeding USD 50 million;

  • Olimpia Real Estate Holding LTD  – an international investment fund active in the area of real estate – in relation to establishment of a contractual security related to its USD 86 million acquisition of a Ukrainian real estate group;

  • GTS Energis  – a major Polish telecommunications provider – on a Euro 2 million term inter-group loan facility;

  • FILM.UA – a major Ukrainian media group – on a number of corporate and credit facilities agreements with Ukrainian banks and private investors for a total amount exceeding USD 40 million. The Konnov & Sozanovsky team was involved in negotiation of the agreements, registration of the agreements with the regulatory authorities, preparation of the security documents and also advised the client on matters relating to enforcement of the security;

  • Ukrpishchepromservice – a major Ukrainian commodity producer – on corporate and bank loan agreements for a total amount exceeding USD 20 million, including syndicated loans, the performance of which was secured by the pledge of receivables, stock and fixed assets.

 

Key Contact

Alexey Ivanov
Managing Partner
aivanov@konnov.com
Kiev: +380 (0)44 490-5400

 

Banking and Finance Law

 

Related practices

  • Bankruptcy and restructuring
  • Investment and capital markets
  • Taxes
  • Commercial law and contracts