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5 March 2013

Sayenko Kharenko – legal counsel on the sale of a majority shareholding in Insurance Company “Kyivska Rus”

Sayenko Kharenko acted as legal counsel to a foreign investment fund on the sale of a majority shareholding in Private Joint-Stock Company “Insurance Company “Kyivska Rus” to a group of local investors.

Sayenko Kharenko provided full transactional support, including general advice on Ukrainian corporate law matters, deal structuring, preparation and negotiation of all transactional documents, and assistance with closing.

Private Joint-Stock Company “Insurance Company “Kyivska Rus” was established in 2000 and focuses on credit risk insurance and insurance of the collateral provided by the borrowers to secure loans from Public Joint-Stock Company “Bank “Kyivska Rus”.

Sayenko Kharenko’s team for the current transaction included partner Michael Kharenko and associates Sergey Kazmirchuk and Oleksandr Nikolaichyk.

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