Sayenko Kharenko advised on acquisition of a Ukrainian bank by a foreign investor

Sayenko Kharenko acted as legal counsel to a private investor on acquisition of a controlling shareholding in PJSC “Region-Bank”. The deal was closed in January 2017.

Sayenko Kharenko provided full transactional support of the deal, including advice on corporate law and regulatory matters. The scope of work included legal due diligence of the bank, deal structuring and drafting transactional documents, legal support of early repayment of subordinated debt, obtaining approval of the National Bank of Ukraine for acquisition of qualifying shareholding in the bank, legal support of the bank’s charter capital increase and general shareholders meeting.

The project was successfully completed by Sayenko Kharenko’s corporate and M&A team, which included counsel Oleksandr Nikolaichyk and associates Kateryna Zhebanova, Mykhailo Grynyshyn and Dasha Dashkevych. The project was supervised by partner Michael Kharenko.