Mann provides tax counsel to underwriters of Ukraine’s $1B in U.S.-backed financing

Arnold & Porter Partner Cynthia Mann helped the underwriters negotiate the tax issues

Cynthia Mann

Politics and money converged when the United States agreed recently to back Ukraine with $1 billion in financing, and Arnold & Porter Partner Cynthia Mann helped the underwriters negotiate the tax issues.

J.P. Morgan and Morgan Stanley underwrote the deal, which was authorized by Congress and issued by USAID as part of the U.S. government’s economic and political support for Ukraine. In the transaction, Ukraine issued $1 billion of five-year notes, fully guaranteed by the United States, at an interest rate of 1.844 percent.

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Amy I. Stickel

Amy I. Stickel has extensive experience covering the legal, financial and pharmaceutical industries as a writer and editor. A past managing editor of Corporate Legal Times and...

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