AEQUO advised DebtX Ukraine, a Ukrainian subsidiary of The Debt Exchange, Inc. – one of the leading global marketplaces for non-performing loans purchase & sale transactions – on its qualification with the Deposit Guarantee Fund. As a result of such qualification DebtX Ukraine got qualified to render the following services to the DGF within the course of the NPLs disposal: preparation of the loan portfolios for sale and holding auctions on such loan portfolios. Such qualification is a significant milestone to accelerate NPLs portfolio disposal, comprising a number of debts on the balance sheets of the banks managed by the Deposit Guarantee Fund. The latter expects to dispose of billions of NPLs to Ukrainian and foreign investors through transparent tender procedures in 2018, which are being implemented with participation of leading foreign intermediaries.

AEQUO project team included senior associate Bohdan Dmukhovskyy and associate Valeriy Savva, who worked under supervision of Yulia Kyrpa, partner and head of Banking & Finance of the firm.

"We hope that these positive developments will lead to successful NPLs portfolio disposals in the very near future. We are deeply honoured to participate in this landmark project for the entire Ukrainian economy", comments Yulia Kyrpa.