In Ukraine our team, previously known as Magisters, have been advising on sovereign Eurobond issues and state enterprise borrowings guaranteed by the Ukrainian Government since 2001. Some of our recent projects in raising sovereign and quasi-sovereign debt include:

• advising on the issue of USD 1.5bn sovereign Eurobond by the State of Ukraine in February 2011;
• advising on the issue of guaranteed Eurobonds to finance the European Football Championship - EURO 2012 in Ukraine (April 2011); and
• advising the State Road Administration of Ukraine on raising a USD 440.8m loan from VTB Capital plc (November 2010).

In our other projects, we represented our clients in such deals as:

• issue of over UAH 2bn Deposit Linked Notes to finance a deposit placed with the State Export Import Bank of Ukraine (Ukreximbank) in February 2011. This deal was the first ever placement of UAH-denominated Eurobonds for funding of a deposit with a Ukrainian bank;
• a number of issues of Eurobonds by Ukreximbank denominated in USD, as well as bilateral and syndicated loans raised by Ukreximbank in 2004-2010;
• all of the international borrowings by NJC Naftogaz of Ukraine between 2004 and 2010, including syndicated loans, issue of Eurobonds and a comprehensive restructuring of debt owed to foreign lenders, which included an Exchange Offer for USD 1.6bn (2009);
• Eurobond issues by PJSC State Savings Bank of Ukraine in 2010-2011; 
• all of international borrowings by PJSC Alfa-Bank, including bilateral loans and Eurobond issues, between 2006 and 2009;
• issue of USD 200m Eurobond by Avangardco Investments Public Limited - a leading agriculture holding company with assets in Ukraine;
• setting up a subsidiary bank for Deutsche Bank in Ukraine; and
• registration of an international payment system in Ukraine.

Magisters' banking and finance practice has been repeatedly recognised as the best in Ukraine.