Sayenko Kharenko advises on the second USD 50 million Eurobond tap issue by Trans-Oil Group

Sayenko Kharenko has acted as Ukrainian legal counsel to Citigroup, ING and Renaissance Capital, joint lead managers and joint bookrunners in connection with the second USD 50 million tap issue of 8.45 per cent secured notes due 2026 by Trans-Oil Group of Companies, a vertically integrated agro-industrial holding with operating facilities in Moldova, Ukraine, Romania, and Serbia. The additional notes will be consolidated with the existing USD 450 million notes that originally were issued in 2021 which will bring the size of the Eurobond to a total of USD 500 million.

Sayenko Kharenko’s team was led by partner Igor Lozenko and included associates Oles Trachuk and Vladyslava Mitsai, and junior associate Oleksandr Motin.