Arendt advises on landmark first Ukrainian corporate Eurobond since 2022
Arendt & Medernach acts as Luxembourg counsel to MHP Lux S.A., a leading Ukrainian agricultural and food company, in connection with its US$450 million Eurobond issuance.
Experts involved in the Deal
Finance & Capital Markets
- Serge Zeien
- Milos Vulevic
- Daniel Gillenkirch
- Burak Aytac
Corporate Law, Mergers & Acquisitions
- Max Kremer
- Dana Yessimova
Tax
- Alain Goebel
- Laure-Hélène Flament
- Marie Walspurger
Arendt & Medernach acted as Luxembourg counsel to MHP Lux S.A. in connection with its US$450 million Eurobond issuance. The firm advised on Luxembourg law aspects primarily relating to capital markets, corporate, finance and tax matters. The issuance consisted of senior secured notes due 2029 with a coupon rate of 10.5% per annum, guaranteed by parent company MHP SE. This transaction marks a significant milestone: MHP is the first Ukrainian company to complete a Eurobond issuance since 2022. The proceeds of the issuance are intended to refinance existing debt, including a tender offer for its outstanding 2026 notes.
More about MHP
MHP is a leading Ukrainian agricultural and food group, publicly listed on the London Stock Exchange. It specialises in poultry and other agri-food related operations and is one of Europe’s largest poultry producers and a major grain exporter. The group operates a fully vertically integrated production model across Ukraine.