The London and Kyiv Offices of Baker & McKenzie acted as legal counsel to Agroton Public Limited in connection with solicitation of consents of holders of its US$50 million 12.50 percent Guaranteed Notes due 2019 listed on the main market of the London Stock Exchange. The issuer requested the note holders consent to the amendment of the terms and conditions of the Notes in connection with the substantial losses that Agroton had suffered as a result of the ongoing conflict in the Luhansk Region of Ukraine where the main production facilities of the issuer are located.

The London team was led by Partner Roy Pearce and the Kyiv team comprised Senior Associate Andriy Nikiforov and Associate Victoria Ischenko.

Baker & McKenzie advised Agroton on the issuance of the Notes in 2011 and the three note holders consent solicitations in respect of the Notes, including the recent one.

Agroton is a diversified, vertically integrated agricultural producer in Eastern Ukraine. The Group’s core business is crop production, comprising principally sunflower seeds and wheat, as well as the processing, storage and sale of such crops. In addition, the Group is engaged in livestock and food processing. Currently, Agroton is the fourth largest producer in Ukraine and sixth largest producer in Europe by harvested land among publicly traded agribusinesses.