Allen & Overy advises banks on Russian-related F1 loans worth $850m
Allen & Overy’s Moscow team has advised two syndicates of lenders on new loan facilities for Sberbank Europe AG (an Austrian bank owned by the state-owned Sberbank of Russia) and Credit Bank of Moscow (a privately owned Russian bank).
The Sberbank Europe facility was led by Barclays Bank as documentation agent and Commerzbank AG as facility agent and the syndicate also included Bank of America Merrill Lynch, Citibank, HSBC Bank, ING Bank NV, JP Morgan, Mizuho Bank, Sumitomo Mitsui Banking Corporation and UniCredit Bank Austria AG as MLAs.
Commerzbank AG as co-ordinating mandated lead arranger led the Credit Bank of Moscow transaction, with ING Bank NV as a facility agent and, among others, Citibank, HSBC Bank (Russia), ICBC (Moscow), ING Bank NV, Morgan Stanley, Raiffeisen Bank International AG, Rosbank, Sberbank of Russia, UniCredit and VTB Bank (Deutschland) AG as lenders.
The Allen & Overy team was led by partners Elena Tchoubykina and Stephen Matthews, as well as senior English-qualified associate Oleg Khomenko. They were supported by associates Hugh Mathison and Mikhail Novozhilov, as well as trainee solicitor Oscar Mitchell.
News from Allen & Overy
News from The Lawyer
Briefings from Allen & Overy
A new Luxembourg act on the immobilisation of bearer shares and units was published in the Luxembourg Official Gazette on 14 August 2014.
OFAC has issued revised guidance relating to the status of entities owned by individuals or entities whose interests in property are blocked under executive orders.
Analysis from The Lawyer
At the time of its launch Accutrainee was described as a revolutionary change to the training model. Has it proved to be so? Not really.
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm.