Biography
Olga Fedosova is a partner in the Firm's Capital Markets group in Paris.
Olga advises corporations, financial institutions and sovereigns on issuances of debt and equity capital markets products in France, the UK and broader Europe, Africa and the CIS. Olga's areas of focus include debt and equity-linked issuances, liability management, commercial paper and regulatory capital products.
Prior to joining White & Case in January 2019, Olga practiced in the London, the Moscow and the Paris offices of a UK law firm for over 8 years.
Experience
Republic of Côte d'Ivoire's US$1.3 billion bond issuance (2026)
Representation of BNP Paribas, Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, J.P. Morgan Securities plc, SMBC Bank International plc, Société Générale and Standard Chartered Bank, as joint bookrunners, on the Republic of Côte d'Ivoire's US$1.3 billion 144A/Reg S bond offering. The bond offering was for a principal amount of US$1.3 billion, with an annual coupon of 6.750% maturing in 2041.
Republic of Cameroon US$850 million Notes Issuances (2026)
Representation of the Republic of Cameroon in connection with an issuance of US$750 million 8.875% Amortising Notes Due 2033 and further issuance of US$100 million 8.875% Amortising Notes due 2033 (to be consolidated and form a single series with the US$750 million 8.875% Amortising Notes Due 2033 Issued on 30 January 2026).
Republic of Congo US$700 million issuance (2026)
Represented Citibank Global Markets Limited as manager in relation to the Regulation S issuance by the Republic of Congo US$700 million 9.500% Amortising Notes due 2035 with a tender offer of the outstanding U.S.$- Denominated 9.875 per cent. Amortising Notes due 2032.
TotalEnergies SE €1.5 billion Subordinated Fixed Rate Resettable Notes Issue (2026)
Representation of TotalEnergies SE as issuer in connection with the issue of €1.5 billion Undated Non-Call 5.25 Year Deeply Subordinated Fixed Rate Resettable Notes (Series 145 - Tranche 1) under the €40 billion Euro Medium Term Note Programme.
Ukraine Warrant Restructuring (2025)
Representation of the Ministry of Finance of Ukraine on its comprehensive $3.2 billion restructuring of GDP-linked warrants in 2025 and related exchange offer and consent solicitation.
Banque Ouest Africaine de Développement's €1 billion bond issuance (2025)
Representation of the banking syndicate BNP Paribas, J.P. Morgan Securities plc, Natixis and SMBC Bank International plc in connection with the €1 billion Rule 144A / Regulation S / Section 3(c)(7) 6.250 per cent. Notes due 14 October 2040 issued by Banque Ouest Africaine de Développement.
Banque Ouest Africaine de Développement's US$500 million hybrid sustainable bond issuance (2025)
Representation of BNP Paribas, HSBC Bank plc, J.P. Morgan Securities plc, SMBC Bank International plc and Société Générale, as joint lead managers and placement agents, on the 144A/Reg S offering by Banque Ouest Africaine de Développement (BOAD) of US$500 million hybrid sustainable 8.2% notes due 2055, with a five-year non-call period.
Republic of Côte d'Ivoire's US$2.1 billion bond issuances and tender offer (2025)
Representation of BNP Paribas, Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, J.P. Morgan Securities plc, Société Générale and Standard Chartered Bank, as joint lead managers and dealer managers, on the Republic of Côte d'Ivoire's US$2.1 billion dual tranche 144A/Reg S bond offering and on the Republic's tender offer to purchase two series of its existing bonds.
TotalEnergies Euro Triple Tranche Bond Issuance (2025)
Representation of TotalEnergies Capital International as issuer and TotalEnergies SE as guarantor in connection with a triple issuance of bonds, €1 billion 3.075%. Fixed Rate Notes due 1 July 2031 (Series 142 - Tranche 1), €1.1 billion 3.647%. Fixed Rate Notes due 1 July 2035 (Series 143 - Tranche 1) and €900 million 4.060%. Fixed Rate Notes due 1 July 2040 (Series 144 - Tranche 1) under its €40 billion Euro Medium Term Note Programme.
Gabon Private Placement (2025)
Representation of the Gabonese Republic on the review and negotiation of documents related to a private placement, including an underwriting agreement, a tax agency agreement, a commitment letter, a settlement agreement, and a letter of engagement, as well as a tender offer; preparing and negotiating the investment manager agreement, participation in conference calls, and the provision of all related advice to the client throughout the transaction.
Republic of Congo US$930 million issuance (2025)
Representation of Citibank Global Markets Limited as manager in relation to the Regulation S issuance by the Republic of Congo US$930 million in aggregate principal amount of 9.875% Amortising Notes due 2032, via a US$260 million tap issuance in December 2025, to be consolidated and form a single series with the US$670 million original issuance in November 2025. The notes are listed on the London Stock Exchange.
El Salvador debt-for-nature conversion (2024)
Representation of the Ministry of Finance of the Republic of El Salvador in connection to its debt-for-nature conversion comprised of $1 billion loan and the buy back of its outstanding bonds. The deal will raise money to fund conservation and water security in the Lempa River watershed.
Ukraine restructuring of US$20.5 billion of international bonds (2024)
Representation of the Ministry of Finance of Ukraine on the successful restructuring of approximately US$20.5 billion of Ukraine's international bonds and the sovereign-guaranteed debt obligations of the State Agency for Restoration and Development of Infrastructure (Ukravtodor).
Assurances du Crédit Mutuel Tier 2 Issuance 2024 (2024)
Representation of the syndicate of banks in connection with the issue by Assurances du Crédit Mutuel €500 million Fixed to Floating Rate Subordinated Tier 2 Notes due October 2044 and €500 million 3.750%. Senior Notes due 30 April 2029.
Republic of Côte d'Ivoire USD 2.6 billion dual tranche sustainability and vanilla bond and related tender offer (2024)
Representation of joint lead managers on the issue by Republic of Côte of inaugural USD1.1 billion 7.625% sustainability bond due 2033 and USD1.5 billion 8.250% bond due 2037.
Caisse d'Amortissement de la Dette Sociale Notes Issues (2024 – 2021)
Representation of the banks syndicate in connection with the multiple issuances of US$ Notes by Caisse d'Amortissement de la Dette Sociale.
Banque Fédérative du Crédit Mutuel Senior Preferred Notes Issuances (2024 – 2020)
Representation of the Joint Lead Managers in connection with the issuances by Banque Fédérative du Crédit Mutuel of multiple Senior Preferred Notes under their EMTN Programme.
Inaugural Gabon's debt-for-nature conversion (2023)
Representation of the Gabonese Republic in connection to its debt-for-nature conversion comprised of US$500 million 15-year Blue Loan and the concurrent tender offer for its existing notes due 2025 and two series of notes due 2031. The Notes are listed on the Irish Stock Exchange and London Stock Exchange. The Blue Loan was funded by an offer of US$500 million Amortizing Notes due 2038.
Ukraine, Ukrenergo and Ukravtodor comprehensive liability management in the form of consent solicitations (2022)
Representation of Ukraine, Ukravtodor, the Ukrainian road agency, and NPC Ukrenergo the Ukrainian state-owned electricity company on the successful comprehensive liability management transaction that, among other things, defers for two years Ukraine's contractual obligation to make payments under approximately US$25 billion of its international bonds, GDP-linked warrants and sovereign-guaranteed debt obligations.
Sanofi €1.5 billion dual tranche sustainability-linked notes (2022)
Representation of Sanofi in connection with a dual-tranche issuance of €650 million 1.250%. Sustainability-Linked Notes due 6 April 2029 and €850 million 0.875%. Notes due 6 April 2025.
Republic of Cameroon €685 million Notes Issue and Tender Offer (2021)
Represented the Republic of Cameroon in connection to its issuance of €685 million principal amount of its 5.950% Amortizing Notes due 2032 (the "New Notes") and tender offer for its 9.50% Amortizing Notes due 2025 (the "Tender Notes") and the partial unwinding of the hedge relating to the Tender Notes. The New Notes are listed on the London Stock Exchange.
Euronext's €1.8 billion Senior Bond Issuance to Finance the Acquisition of Borsa Italiana (2021)
Advised the underwriting syndicate on Euronext's €1.8 billion three-tranche senior bond offering. The bonds were issued as dematerialized book entry securities through the Danish VP Clearing and Settlements system and are admitted to trading on the regulated market of Euronext Dublin. The net proceeds of the issuance will be used by Euronext to refinance part of the bridge facilities in relation to the acquisition of Borsa Italiana.
Côte d'Ivoire's €850 million Dual Tranche Tap Bond Issuances (2021)
Represented BNP Paribas, J.P. Morgan Securities plc and Standard Chartered Bank as joint lead managers in connection with the issue by Republic of Côte d'Ivoire €850 million dual tranche 144A/Reg S tap bond offerings both of which priced at a yield below the secondary market yields on the outstanding original bonds with which they are fungible.
Ranked Leading Lawyer in Legal 500 2026, Debt Capital Markets
Ranked in Chambers France 2026, Debt Capital Markets
"Olga Fedosova is commended for her advice on complex debt matters, including sustainability-linked bonds and debt conversions. She is qualified in France and the UK."
Chambers France 2026
"Olga Fedosova is a very good, efficient and pragmatic lawyer, who is very much present on the market. I like her style."
"She is very responsive and willing to find solutions for her clients while being detail-oriented. She anticipates potential constraints with a good understanding of local laws and regulations."
"Olga Fedosova is easy to get a hold of and talk through issues with. She has a pragmatic problem-solving mindset."
Client testimonies
Chambers France 2026
"Olga is excellent - she is very technical and always available."
"Olga is a super lawyer and is proactive. We really like working with her. She made things appear so simple. I always felt I was in good hands with her."
Client testimonials
Chambers France 2025, Debt Capital Markets
"Olga Fedosova is really a rising star. She is multilingual, a very fierce negotiator and dedicated to her client."
"Olga is always focused on the bigger picture while also getting the details right."
Client testimonials
Chambers Global 2024, Debt Capital Markets
"Olga Fedosova […] is the key contact for matters involving CIS countries."
Legal 500 2022, Debt Capital Markets
Europe's Rising Star of Legal Services 2023, Financial News
Europe's Best Up-and-Coming Female Lawyer 2023, Law.com