News

• Starting from the end of 2010 and later on during the first quarter of 2011 OGK team has provided its legal and consulting support with respect to series of transactions involving the group of companies “Metinvest” and major European Banks.
  
  In particular, OGK was involved as Ukrainian legal adviser to:
  - Rabobank (full name Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. (trading as Rabobank International), London Branch) in a transaction re providing pre-export short term Dollar loan facility of $75,000,000 to Metinvest B.V.; and
  - to UniCredit Bank Austria AG in relation to providing pre-export term loan facility of USD 100 mln.
  SNR Denton (formerly DentonWildeSapte), London, UK was a legal advisor for the banks on UK legislation.
  
  
• Summer 2010 - OGK Law Firm advised Deutsche Bank AG on a US $ 700 mln pre-export facility to Metinvest.
  

The transaction is the largest structured facility involving Ukraine to reach financial close since August 2008. The initial amount of transaction was US $ 300 mln. Deutsche Bank AG acted a coordinating mandated lead arranger, facility agent, security trustee and sole bookrunner for a syndicate of 14 banks.

Denton Wilde Sapte, our permanent partner, advised DB on the UK legislation.