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Sayenko Kharenko advises on the GBP 1.7 billion UKEF – guaranteed defence loan to Ukraine

24/ 07/ 2025
  Sayenko Kharenko acted as Ukrainian legal counsel to the lender, agent, arranger and UK Export Finance (UKEF) in connection with a GBP 1.7 billion export loan provided to Ukraine under UKEF’s guarantee. The 19-year financing, announced at the Ukraine Recovery Conference in Rome, will enable the procurement of more than 5,000 air defence missiles from British company Thales. This transaction marks the largest export credit agency-backed deal in Ukraine to date and a key milestone in the UK-Ukraine defence cooperation. “We are honoured to have supported the UK and Ukraine in structuring this landmark facility. It not only paves the way for the delivery of critical air defence systems, but also underscores the strategic partnership between our countries in safeguarding Ukraine’s sovereignty,” commented Anton Korobeynikov, partner at Sayenko Kharenko. Sayenko Kharenko’s team included Anton Korobeynikov, Oles Trachuk, Yevhen Koval and Artem Medvetskyi.

Sayenko Kharenko acted as Ukrainian legal counsel to the lender, agent, arranger and UK Export Finance (UKEF) in connection with a GBP 1.7 billion export loan provided to Ukraine under UKEF’s guarantee. The 19-year financing, announced at the Ukraine Recovery Conference in Rome, will enable the procurement of more than 5,000 air defence missiles from British company Thales. This transaction marks the largest export credit agency-backed deal in Ukraine to date and a key milestone in the UK-Ukraine defence cooperation.

“We are honoured to have supported the UK and Ukraine in structuring this landmark facility. It not only paves the way for the delivery of critical air defence systems, but also underscores the strategic partnership between our countries in safeguarding Ukraine’s sovereignty,” commented Anton Korobeynikov, partner at Sayenko Kharenko.

Sayenko Kharenko’s team included Anton Korobeynikov, Oles Trachuk, Yevhen Koval and Artem Medvetskyi.

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