Representative Russia/CIS Experience

  • Advised PJSC Lukoil on $1.45 billion sale of 100% of the shares in JSC Arkhangelskgeoldobycha Diamond Mining Company, one of Russia’s largest diamond miners, to the Otkritie Group
  • Advised on a ground-breaking $1 billion offering of Rule 144A/Regulation S 10 year 4.750% notes by LUKOIL International Finance B.V. and guaranteed by PJSC "LUKOIL"
  • Advised Russian real estate investment company O1 Properties Limited on US$350 million denominated debut Eurobond offering
  • Advised PJSC Lukoil on its acquisition of 100% interest in oil company Samara-Nafta for $2.05 billion from Hess Corporation
  • Advised Renova, a leading private business group as a member of the Alfa-Access-Renova (AAR) consortium, in relation to the sale of AAR’s stake in TNK-BP to Rosneft for an all-cash consideration of $28 billion. This transaction was named «Global M&A Deal of 2013, Russia» by The American Lawyer
  • Advised USM’s subsidiary Garsdale on US$1.78 billion sale of Yota, a leading Russian 4G operator, to MegaFon, a leading Russian mobile operator
  • Advised USM Internet on US$1.08 billion buyout of Telconet Capital Limited Partnership’s interest in Garsdale, which holds an interest in MegaFon
  • Advised ExxonMobil on its ground-breaking $3.2 billion joint venture with Rosneft in the Russian Arctic. The joint venture is for oil exploration into Russia's strategic and deepwater continental shelf
  • Advised USM’s subsidiary Garsdale on US $657.3 million sale of 50% of the shares in Lefbord, a former joint venture between Garsdale and MegaFon which owns 50% of Euroset, to MegaFon, a leading Russian telecommunications operator
  • Advised Finstar Financial Group, one of the largest private investment groups in Russia on the sale of a majority stake in Rive Gauche, the second-largest perfume and cosmetics retail chain in Russia
  • Advised LUKOIL on the issuance of 5-year and 10-year U.S. dollar-denominated Rule 144A / Regulation S notes. The offering consists of US$1.5 billion of 3.416% notes due 2018 and US$1.5 billion of 4.563% notes due 2023
  • Advised OAO Surgutneftegas on the sale of its 21.2% stake in MOL Hungarian Oil and Gas Company to the Hungarian Government for €1.88 billion (approximately US$2.65 billion)
  • Advised O1 Properties investment company, one of the largest owners of high-quality office properties in Moscow in connection with legal issues relating to the financing of the acquisition of the Business Center known as “Silver City”
  • Advised MMC Norilsk Nickel - one of the largest global mining companies and the world’s largest producer of nickel - in the swap of MMC Norilsk Nickel’s stake in OAO OGK-3 for a stake in OAO INTER RAO UES
  • Advised Setcar Limited, the holding company of Russian Towers, an owner and leading developer of telecommunication towers in Russia in connection with several rounds of equity investment in the total amount of $150 million by a group of investors, including UFG Private Equity, Macquarie Renaissance Infrastructure Fund, ADM Capital, the European Bank for Reconstruction and Development and the International Finance Corporation.
  • Advised AF Telecom in relation to a shareholder restructuring of Russian mobile phone operator OJSC MegaFon with an aggregate deal value of approximately US$8.5 billion
  • Advised AF Telecom, as the majority shareholder in OAO MegaFon in relation to MegaFon’s initial public offering (IPO) listed on the London Stock Exchange. The flotation raised $1.7 billion, giving the company a market capitalization of $11.1 billion
  • Advised LUKOIL on a US$375 million project financing for its subsidiary, LUKOIL Overseas Uzbekistan Limited, to develop the Khauzak-Shady and Kandym gas fields in Uzbekistan from a consortium of lenders including BNP Paribas (Suisse) SA, Credit Agricole, Asian Development Bank, The Korean Development Bank and Islamic Development Bank
  • Advised the issuer, LUKOIL International Finance B.V., and the guarantor, OAO LUKOIL on the offering of US$1.5 billion convertible bonds and their listing on the London Stock Exchange
  • Advised VimpelCom Ltd. on its combination with WIND TELECOM S.p.A. (Wind Telecom), creating the world’s sixth largest mobile telecommunications carrier by subscribers. The combined company has operations in 20 countries across Europe, Asia, Africa and North America, serving 181 million mobile subscribers
  • Advised UK company Norimet and its Russian parent company MMC Norilsk Nickel, one of the largest global mining companies and the world’s largest producer of nickel, on the tax and legal aspects of the US$970 million sale of its entire stake in Stillwater Mining Company
  • Advised VimpelCom Ltd. in connection with $4.3 billion acquisition of Golden Telecom. The transaction was the result of a five month negotiation process and was complicated by the need to obtain regulatory approvals in Russia, Ukraine, Kazakhstan and Uzbekistan