Sayenko Kharenko advises Canada on the CAD 500 million loan to Ukraine funded by Ukraine Sovereignty Bonds proceeds

Sayenko Kharenko has acted as Ukrainian legal counsel to the Government of Canada in connection with the CAD 500 million loan to Ukraine. The loan has been funded by a five-year Ukraine Sovereignty Bond issued by Canada to assist Ukraine in its effort to provide essential services to Ukrainians this winter, such as pensions, the purchasing of fuel, and restoring energy infrastructure.

Partner Igor Lozenko commented: “Throughout 2022, the aggregate amount of Canada’s financings disbursed to Ukraine in loans amounted to CAD 2.45 billion. Sayenko Kharenko is proud to remain a trusted Ukrainian legal counsel in connection with these financings.”

Sayenko Kharenko’s team was led by partner Igor Lozenko and included associates Oles Trachuk and Oleksandr Motin.

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