Oleksandr Kurdydyk


Partner

+380 44 490 9575

Oleksandr Kurdydyk

Partner
+380 44 490 9575

 

Oleksandr Kurdydyk is a Partner in the Kyiv office and the head of the local Banking and Energy & Natural Resources practices. He also serves as the co-head of the firm-wide Energy & Natural Resources as well as the head of Infrastructure & Projects services.

Oleksandr has over 20 years of experience advising on a wide range of legal, tax and business matters. He advises and leads the Kyiv team on the structuring of PPPs, infrastructure projects, project finance, M&As, debt finance and restructuring, and currency derivatives and securitisation. He also has significant experience and is a highly regarded expert in the energy (conventional and renewables), transport, fintech and telecommunications industries.

RECENT ENGAGEMENTS INCLUDE ADVISING

BankS & Financial institutions

  • U.S. INTERNATIONAL DEVELOPMENT FINANCE CORPORATION (DFC) on all aspects of a USD-multimillion financing for a four-phase, 500 MW wind farm in central Ukraine (Zaporizhzhia Wind Project)
  • NEQSOL on various matters in relation to a USD 734 million secured syndicated facility to finance the acquisition of Vodafone Ukraine, with a contemplated USD 464 million bond takeout
  • CITIBANK N.A. NEW YORK on a programme involving nine series of Global Depositary Notes listed on the Euronext Exchange pursuant to a Global Depositary Note Programme backed by Ukrainian Hryvnia-denominated Sovereign Notes issued by Ukraine in an aggregate principal amount of UAH 54,905,268,000
  • KYIVSTAR on the incorporation of Starmoney, a non-banking financial institution, including obtaining a license for money transfer; advice regarding the regulatory regime for e-money payments; financial monitoring and consumer protection; drafting various documents, including a code of conduct for an issuer, top-up settlements, and agreements with distribution agents and payment system operators
  • VISA on the regulatory and other legal aspects of phasing in a new product involving cross-border settlements for B2B transactions
  • THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT on the provision of a USD 50 million loan to Nibulon; on USD 20 million and USD 50 million financings to Agroinvest; on a USD 80 million financing for ISTIL Ukraine; and on the provision of a USD 25 million loan to Inter Zaporizhzhia Group

energy & natural resources

  • BMU (Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety of Germany) and Deutsche Gesellschaft für Internationale Zusammenarbeit on the structuring and establishment of Ukraine’s Energy Efficiency Fund by international donors and the state of Ukraine; drafting of the Law on the Energy Efficiency Fund in Ukraine, and secondary legislation and statutory/internal documents
  • TETRA TECH ES, INC. on the implementation of the Energy Security Project funded by the U.S. Agency for International Development (USAID) and the Ministry of Energy and Environmental Protection of Ukraine, and by extension, the Inter-Agency Commission on the Organization and Conclusion of PSAs (IAC), in relation to the negotiation of a Production Sharing Agreement (PSA) for the exploration and production of natural gas in Ukraine
  • A UK INVESTOR on due diligence and acquisition of a project for the construction of solar power plants in the Zhytomyr region of Ukraine
  • A SOUTH KOREAN ENGINEERING CORPORATION on the construction and development of a solar farm in the Zaporizhzhia region of Ukraine
  • TOSHIBA CORPORATION (power division) on the construction and operation of wind farm projects in Crimea

projects & infrastructure 

  • HUTCHINSON PORTS on the lease of seaport terminals in Chornomorsk with the conversion of the lease into a concession arrangement, including advising on all aspects of a state-owned property lease, due diligence advice with regard to the transaction, and drafting the necessary legislation dealing with lease and concessions in Ukraine; representation of the client before the Prime Minister of Ukraine, the Ministry of Infrastructure of Ukraine, the State Property Fund of Ukraine, the Ukrainian Seaports Authority, the National Investment Council, and UkraineInvest
  • DRAGON CAPITAL on setting up the first Ukrainian Gas Stock Exchange, including drafting trading rules, rules for mutual payments, and clearing procedures between market participants, as well as assisting in the set up of a gas clearing agent and rules for futures/forwards gas transactions
  • A LEADING INTERNATIONAL NUCLEAR ENERGY TECHNOLOGY COMPANY on the participation in a tender for selecting a private partner to implement the PPP project “Ukraine-EU Energy Bridge” organised by the Ministry of Energy and Coal Industry of Ukraine
  • AN ITALIAN NATURAL GAS INFRASTRUCTURE COMPANY on the legal framework related to the transportation, storage and regasification of natural gas in Ukraine
  • AN AUSTRIAN BANKING GROUP on the set-up and regulatory requirements for a data centre supporting their fintech activities in EMEA, including NBU requirements in relation to banking secrecy protection

AVIATION

  • PEGASUS AVIATION VI on Ukrainian law matters relating to the lease of a Boeing 767-300 aircraft to Azur Ukraine
  • A WORLDWIDE INDUSTRY LEADER IN AIRCRAFT LEASING TO AIRLINES on the Ukrainian law implications of the termination of a USD 107 million lease agreement with Ukraine International Airlines; the return and deregistration of two Boeing 737-8HX aircraft; on a USD 74 million lease of two Boeing 737-8HX aircraft to local aircraft company; as well as on the lease of two Boeing 737-8 MAX aircraft under a USD 120 million lease agreement with Ukraine International Airlines
  • AWG on various issues relating to the implementation of the Cape Town Convention in Ukraine

ASSET SOLUTIONS

  • AN INTERNATIONAL GROUP OF AGRICULTURAL COMPANIES on various issues related to the enforceability of security documents governed by Ukrainian law, enforcement of security created in Ukraine, consequences of insolvency of the holding company in UAE, and possible options for maintaining assets of subsidiaries in Ukraine
  • CYPRUS POPULAR BANK on restructuring the indebtedness of local subsidiaries, including post-completion work related to debt-to-equity conversion, regulatory implications, and negotiations with local financial institutions
  • U.S. INTERNATIONAL DEVELOPMENT FINANCE CORPORATION (DFC) on an FX option transaction with JP Morgan Securities plc, acting as a hedging counterparty under a USD 150 million secured senior facility documented under an ISDA 2002 Master Agreement
  • COHEN AND COMPANY on the Ukrainian law matters relating to the securitisation of a loan portfolio (par value USD 172 million) secured by local mortgages, pledges and suretyships/guaranties under Ukrainian/English laws
  • DRAGON CAPITAL on the acquisition of an NPL pool of mortgage loans from BNP Paribas with a total par value of USD 261 million

EDUCATION

  • 2010: Harvard Business School, Boston, USA, Executive Education Programme
  • 1991 – 1996: Ivan Franko National University of Lviv, Ukraine, Faculty of Law, Master’s degree

PROFESSIONAL AFFILIATION

  • European Business Association

LANGUAGES

Ukrainian, Russian, English, Spanish

 

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