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20 November 2007

Sayenko Kharenko advises Citigroup, Deutsche Bank, UBS and Credit Suisse on USD 250 million Eurobond offering by the City of Kyiv

Sayenko Kharenko has acted as a Ukrainian legal counsel to Citigroup, Deutsche Bank, UBS and Credit Suisse, the joint lead managers of 5-year USD 250 million 8.25% Loan Participation Notes issued by the Kyiv City Administration. This transaction is the forth international securities offering by the Ukrainian municipality.

The Sayenko Kharenko team was composed of partner Michael Kharenko, assisted by associates Nazar Chernyavsky, Olexander Olshansky, Anton Korobeynikov and Igor Lozenko. Clifford Chance acted as English counsel to the lead managers.

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