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.