Advising on Russian bilateral and syndicated loan transactions
We advise on both providing and attracting financing.
This typically includes project and (pre-)export financing, working capital facilities, acquisition of assets and stakes, PPP financing, debt refinancing and restructuring. Together with the firm’s litigators, we provide legal support in situations of potential or initiated bankruptcy of borrowers. We also advise on the legislative regulation of the banking sector.
This typically includes project and (pre-)export financing, working capital facilities, acquisition of assets and stakes, PPP financing, debt refinancing and restructuring. Together with the firm’s litigators, we provide legal support in situations of potential or initiated bankruptcy of borrowers. We also advise on the legislative regulation of the banking sector.
experience
Advising a syndicate of lenders, two Top-5 Russian banks and the Russian state development corporation VEB.RF, on financing construction of the first auto-energy plant in Russia. The loan is provided under the «Project Finance Factory» mechanism and the state ESG «Green Financing» programme. Deal value: ₽32.8 bn (2022-present)
Advising a borrower on attracting financing for developing a gas field in Uzbekistan under a production sharing agreement. Total investment volume: $1.68 bn (2022-present)
Advised Gazprombank, Sberbank and Otkritie bank as syndicated bridge-financing lenders to a joint venture between the Russian petrochemicals major Sibur Holding 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. Project value: $10.6 bn; bridge-financing: $1.5 bn (2020-2022)
Advised Gazprombank and VEB.RF on financing a project for constructing a new passenger terminal and renovating existing facilities at Novy Urengoy airport in the far north of Russia. Investment volume: ₽11.3 bn ($150 m) (2020-2021)
Advising Gazprombank and VEB.RF on syndicated loans for PPP projects for developing the solid waste management infrastructure implemented by Citimatic Group in several regions of Russia. Deal value: ₽11.3 bn (2020-2021, 2023-present)
Advising Russian Crab, a leading Russian crab-harvesting company, on several stages of raising finance for building new vessels and refinancing intercompany debt. Financing: ₽368 bn (2021-present)
Advising the developer and the operator of the port of Vanino in the Russian Far East on attracting loan financing from a major Russian bank in the context of a large-scale infrastructure project for building a new coal terminal at the port. Credit line: up to ₽34 bn ($570 m) (2019-2020)
Advised two major lenders, Gazprombank and VEB.RF, on syndicated loan financing to Operator-CRPT in the context of Russia’s first federal PPP project: launch of a national digital goods marking and tracking system. Credit line: ₽24.2 bn ($384 m) (2019)
Advising a borrower on attracting financing for developing a gas field in Uzbekistan under a production sharing agreement. Total investment volume: $1.68 bn (2022-present)
Advised Gazprombank, Sberbank and Otkritie bank as syndicated bridge-financing lenders to a joint venture between the Russian petrochemicals major Sibur Holding 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. Project value: $10.6 bn; bridge-financing: $1.5 bn (2020-2022)
Advised Gazprombank and VEB.RF on financing a project for constructing a new passenger terminal and renovating existing facilities at Novy Urengoy airport in the far north of Russia. Investment volume: ₽11.3 bn ($150 m) (2020-2021)
Advising Gazprombank and VEB.RF on syndicated loans for PPP projects for developing the solid waste management infrastructure implemented by Citimatic Group in several regions of Russia. Deal value: ₽11.3 bn (2020-2021, 2023-present)
Advising Russian Crab, a leading Russian crab-harvesting company, on several stages of raising finance for building new vessels and refinancing intercompany debt. Financing: ₽368 bn (2021-present)
Advising the developer and the operator of the port of Vanino in the Russian Far East on attracting loan financing from a major Russian bank in the context of a large-scale infrastructure project for building a new coal terminal at the port. Credit line: up to ₽34 bn ($570 m) (2019-2020)
Advised two major lenders, Gazprombank and VEB.RF, on syndicated loan financing to Operator-CRPT in the context of Russia’s first federal PPP project: launch of a national digital goods marking and tracking system. Credit line: ₽24.2 bn ($384 m) (2019)
