Dmitry Kuzmin
partner, head of banking & finance
Moscow
For 12+ years, Dmitry has specialised in projects for attracting and providing financing. He advises Russian and foreign borrowers and lenders on bilateral and syndicated lending, structured finance, debt restructuring, and project financing.
Advised Gazprombank and VEB.RF as lenders providing syndicated financing for several PPP projects based on concession agreements for constructing and operating landfill sites and facilities for treating municipal solid waste in Russia. Credit line: ₽10.8 bn ($148 m) (2020-2021)
Advised two lenders — Russian state development corporation, VEB.RF, and Gazprombank — on a syndicated loan to Shchekinoazot, a leader in the Russian chemicals market, for the construction of a new methanol plant. The deal was one of the first two project finance transactions in Russia implemented via the Project Finance Factory, a newly-introduced mechanism for long-term investments. Deal value: ₽14.5 bn ($240 m+) (2019)
Advised a borrower — a subsidiary of a leading Russian coal mining group — on financing for the purposes of constructing new coalmines and expanding existing facilities. Credit line: ₽65 bn+ ($1.1 bn) (2018-2019)
Advised two lenders — Russia’s largest bank, Sberbank, and Gazprombank, in the Russian TOP-3 — on syndicated loan financing to Messoyakhaneftegaz, a joint venture of two Russian TOP-5 oil corporations, NK Rosneft and Gazprom Neft. Deal value: ₽100 bn ($1.6 bn) (2017)
Advising the developer and the operator of the Port of Vanino in the Far East of Russia on attracting loan financing from a major Russian bank in the context of a large-scale infrastructure project for the construction of a new coal terminal in the port. Credit line: ₽34 bn ($570 m) (2019)
Advised two major lenders — Gazprombank and a Russian state development corporation, VEB.RF, on syndicated loan financing to Operator-CRPT in the context of the first federal PPP project in Russia — the launch of a national digital marking and tracking system for goods. Credit line: ₽24.2 bn ($384 m) (2019)
Advised Gazprombank, acting as arranger, originator, service agent, and account bank on all legal aspects of the securitisation of PPP loans, including reviewing and negotiating the project documentation and advising Gazprombank on the related risks. The project was the first securitisation of credits issued for PPP project financing in the Russian market. Deal value: ₽2.2 bn ($36.5 m) (2017)
specialisation
experience
Advised Gazprombank, Sberbank and Otkritie bank as syndicated bridge-financing lenders to a joint venture between Sibur Holding, a Russian petrochemicals major, and China Petroleum & Chemical Corporation (Sinopec), the biggest petrochemical company in the world. The financing was provided for constructing the Amur Gas and Chemical Complex in Russia’s Far East. Overall project value: $10.6 m; bridge-financing: $1.5 bn (2020-2022)Advised Gazprombank and VEB.RF as lenders providing syndicated financing for several PPP projects based on concession agreements for constructing and operating landfill sites and facilities for treating municipal solid waste in Russia. Credit line: ₽10.8 bn ($148 m) (2020-2021)
Advised two lenders — Russian state development corporation, VEB.RF, and Gazprombank — on a syndicated loan to Shchekinoazot, a leader in the Russian chemicals market, for the construction of a new methanol plant. The deal was one of the first two project finance transactions in Russia implemented via the Project Finance Factory, a newly-introduced mechanism for long-term investments. Deal value: ₽14.5 bn ($240 m+) (2019)
Advised a borrower — a subsidiary of a leading Russian coal mining group — on financing for the purposes of constructing new coalmines and expanding existing facilities. Credit line: ₽65 bn+ ($1.1 bn) (2018-2019)
Advised two lenders — Russia’s largest bank, Sberbank, and Gazprombank, in the Russian TOP-3 — on syndicated loan financing to Messoyakhaneftegaz, a joint venture of two Russian TOP-5 oil corporations, NK Rosneft and Gazprom Neft. Deal value: ₽100 bn ($1.6 bn) (2017)
Advising the developer and the operator of the Port of Vanino in the Far East of Russia on attracting loan financing from a major Russian bank in the context of a large-scale infrastructure project for the construction of a new coal terminal in the port. Credit line: ₽34 bn ($570 m) (2019)
Advised two major lenders — Gazprombank and a Russian state development corporation, VEB.RF, on syndicated loan financing to Operator-CRPT in the context of the first federal PPP project in Russia — the launch of a national digital marking and tracking system for goods. Credit line: ₽24.2 bn ($384 m) (2019)
Advised Gazprombank, acting as arranger, originator, service agent, and account bank on all legal aspects of the securitisation of PPP loans, including reviewing and negotiating the project documentation and advising Gazprombank on the related risks. The project was the first securitisation of credits issued for PPP project financing in the Russian market. Deal value: ₽2.2 bn ($36.5 m) (2017)
