Christopher Czarnocki | White & Case LLP International Law Firm, Global Law Practice
 Christopher Czarnocki
 Christopher Czarnocki

Christopher Czarnocki

Partner, London

T +44 20 7532 1201

T +44 20 7532 1000

E cczarnocki@whitecase.com

in LinkedIn profile

“The ‘very professional’ Christopher Czarnocki is recognised for his ability to handle matters involving the emerging markets, as well as trade finance issues. His impressive client list includes notable financial institutions.”

Chambers UK 2015

Overview

A partner in White & Case's Banking Group in London, Chris has extensive experience in a broad range of debt and equity finance transactions.

He has a strong track record advising on structured trade and commodity finance, real estate and asset finance, acquisition finance and general corporate finance in the emerging markets. He has represented a wide range of financial institutions, lenders and borrowers (including sovereigns) on syndicated, bilateral, secured and unsecured financings, including project finance.

For businesses involved in cross-border transactions, Chris brings particular knowledge and experience of emerging markets, including Africa, CEE, Southern Europe, Russia, CIS and Turkey. This international exposure enables him to deliver the right measure of insight and value to financiers operating within and across foreign jurisdictions.

Bars and Courts

  • Victoria, Australia
  • England and Wales

Education

  • LLM, Monash University, Melbourne
  • LLB, Monash University, Melbourne
  • BA, Monash University, Melbourne

Languages

  • English
  • Polish

Experience

US$3 billion financing for the Republic of Ghana, 2014

Advising the Republic of Ghana on a US$3 billion financing provided by China Development Bank.

US$700 million prepayment structure from GNPC, 2014

Advising Trafigura on a proposed US$700 million orphan SPV prepayment structure for oil experts from Ghana National Petroleum Company (GNPC). The mandate includes both the prepayment element facing GNPC and the bank-facing role for the syndicated loan financing the prepayment.

The Republic of Senegal, 2014

Advised the Republic of Senegal, acting through the Ministry of Economy and Finance, as the borrower under a €150 million bridge to a bond facility provided by Credit Suisse AG, London Branch, which is to be used to finance various infrastructure projects in the Republic of Senegal.

US$100 million term loan facility to an African telecommunications company, 2014

Advised the international lenders in connection with a US$100 million senior secured term loan facility to a telecommunications company with operations in The Gambia, Sierra Leone, the Democratic Republic of Congo and Uganda.

US$1.6 billion facility agreement, 2014

Advised Cukurova Finance International Limited on a US$1.6 billion facility agreement for the purpose of redeeming shares in Turkcell.

US$3.2 billion financing in Jeddah, 2014

Advised HSBC in the financing of certain eligible portions of a Lump Sum Turn Key contract for up to US$3.2 billion with Hyundai Heavy Industries Co. Ltd and Saudi Electricity Company, for the design, supply, installation and commissioning of an oil-fired power plant in Jeddah South, Saudi Arabia.

RUB1 billion syndicated financing to Şişecam Group, 2014

Advised Bank of Tokyo-Mitsubishi UFJ, Ltd. as arranger and lender of a RUB1 billion syndicated financing extended to three Russian subsidiaries of Şişecam Group, one of the world’s leading glass producers.

US$700 million term loan facility for Rusal, 2014

Advised Russian corporate Rusal, the world's largest aluminium company, on its debt raising of a US$700 million term loan facility.

US$750 million financing for Trafigura Peru, 2014

Advised Trafigura Peru, part of Trafigura, the world’s largest private oil and metals trader, in a secured borrowing base financing of up to US$750 million, which was arranged by Natixis and ABN Amro.

€160 million facility agreement for European producer, 2014

Advised BNP Paribas on a €160 million term and revolving senior facilities agreement. as part of the acquisition of a leading European producer of ultra-high strength steel fasteners by a Chinese investor.

Publications

  • International trade finance: commercial letters of credit and independent payment undertakings, Practical Law Company, 2012
  • Syndicated Lending Terms – A (Necessary) Shift in Power?, Bankers' Law, November 2009, An article exploring the effects of market developments on loan documentation
  • An Examination of Market Disruption Clauses, Bankers' Law, March 2009, Article on the effect of the credit crunch on market disruption clauses
  • Moving Towards Hybrid Project Financing, Euromoney Yearbooks, International Oil and Gas, Finance Review 2006, An article looking at the hybrid financing structure behind the US$1.2 billion Mozambique to South Africa Sasol gas pipeline

Awards & Recognition

Leading Individual, The Legal 500 UK 2015

Finance – Emerging Markets

Leading Individual, The Legal 500 UK 2015

Finance – Trade Finance

Leading Lawyer, Chambers UK 2015

Banking & Finance – London

Leading Lawyer, Chambers UK 2015

Commodities – Trade Finance

Leading Lawyer, Chambers Global 2014, Chambers Europe 2014

Banking & Finance – UK

Leading Lawyer, Chambers Global 2014

Banking & Finance – Central and Eastern Europe

Chambers Global 2014

Christopher Czarnocki "is always on hand to provide advice and he has a commercially minded clarity of analysis, an ability to keep clients' end objectives in clear focus and a dedication to timely delivering of a consistently high-quality work product."

Recommended Lawyer, The Legal 500 UK 2014

Trade Finance – UK, Finance: Emerging Markets

The Legal 500 UK 2014

"The 'solution-oriented' Christopher Czarnocki receives glowing reviews from clients. 'He has a way of thinking that is not overly legalistic; he is very commercial,' says one satisfied interviewee."