Baker McKenzie Advised the Trans-Oil Group of Companies on its issuance of USD 650 Million 11.125% Secured Notes due 2029

Baker McKenzie has advised the Trans-Oil Group of Companies, a leading agro-industrial business in the CEE region, in connection with its Rule 144A/Regulation S offering of USD 550 million 11.125% Secured Notes due 2029, a cash tender offer together with an exit consent solicitation to the holders of its USD 500 million 8.45% Secured Notes due 2026 and a follow-on tap Regulation S offering of USD 100 million 11.125% Secured Notes due 2029 of its USD 550 million 11.125% Secured Notes due 2029, bringing the total size of the new issue transaction to USD 650 million. 

Baker McKenzie Partner Megan Schellinger said: “We were delighted to act for Trans-Oil on this transaction, following on from our advice to them on several previous issuances.” Partner Ben Bierwirth said: “The successful transaction underlines investor confidence in the Trans-oil Group.”

The Baker McKenzie team was led by London based partner Megan Schellinger, and included Partners Ben Bierwirth (London), Serhiy Chorny (Kyiv), (Zurich), Senior Associate (London), Associate Fani Chlampoutaki (London) and Trainee Andrey Ivanov (London).