Sayenko Kharenko advises Merrill Lynch on USD 120 million loan to Ukrtransnafta

15.07.2006

Sayenko Kharenko advised Merrill Lynch International on USD 120 million long-term financing to JSC "Ukrtransnafta", a wholly-owned subsidiary of NJC "Naftogas of Ukraine" and the largest pipeline operator in Ukraine.

According to the borrower, this transaction had a significant value for Ukraine as a whole, since the financing allowed to unlock the use of Оdessa-Brody pipeline in both directions.

The transaction team of SAYENKO KHARENKO working on this project included Michael Kharenko and Nazar Chernyavsky.