Energy & Natural Resources in Russia

Experience

    • Nornickel in its $1 billion Eurobond offering of 4.10% notes due 2023.
    • NLMK in a receivables securitization arrangement between several Duferco entities (Duferco Accounts Receivable, Duferco La Louviere, Duferco La Louviere Sales, Duferco Calbecq, Duferco Europe Funding Limited and Duferco Belgium) with Steel Invest & Finance (Luxembourg) as guarantor and Royal Bank of Scotland and Deutsche Bank as collateral agents.
    • Norilsk Nickel International, a wholly-owned subsidiary of Norilsk Nickel, in a $4.5 billion offer to purchase for cash common shares and American depositary receipts of Norilsk Nickel.
    • Freight One in the acquisition of a rail transport operator from Severstal.
    • Polyus Gold International in its listing of $750 million 5.625% notes due 2020 on the London Stock Exchange.
    • Jenington International in its approximately $1 billion offer to purchase for cash issued and outstanding shares and American depositary receipts of OJSC Polyus Gold.
    • Uralkali in its intragroup reorganization by way of a statutory merger of three group companies.
    • A state corporation in its purchase of a new Global Express XRS Vision jet and a used Global Express.
    • Inter RAO UES in consolidating its assets (combined value in excess of $12.9 billion) through a series of M&A transactions and closed subscription for shares in Inter RAO UES.
    • Norilsk Nickel in the spin-off of power assets into a separate company.
    • NLMK in antitrust filings related to its various acquisitions.
    • The Bank of New York Mellon, as depositary, in the establishment of Rusal’s GDR program and the listing of GDRs on Euronext Paris.
    • Federal Grid Company of Unified Energy System in its establishment of a sponsored GDR program.
    • OGK-3 in a review of their EPC contracts for construction of various energy facilities.
    • RusHydro in the listing of its GDRs and ADRs on the London Stock Exchange.
    • Chelyabinsky Tube-Rolling Plant in its sale of the Chelyabinsky Zinc Plant to a consortium of independent investors, including Ural Mining and Metallurgy Company and Russian Copper Company.
    • Norilsk Nickel in the sale of Norilsk Telecom.
    • Polyus Gold in the development of gold mine to exploit the Natalka deposit in Northeastern Russia.
    • NLMK in its €80 million acquisition of an international steel trading network.
    • Volga TGC (TGK-7) in its “dual track” offering of 12.9% of its shares and subsequent 10.9 billion ruble sale to a strategic investor.
    • ZAO Finance Broker Troika Dialog as financial adviser to RAO UES in its sale of its 32% interest in TGK-7.
    • Norilsk Nickel in strategic advice relating to its $13.1 billion sale of a 25% interest in its company to UC RUSAL.
    • OGK-6 in its $857 million strategic sale of newly issued shares.
    • RAO UES in the $49 billion spin-off of its power-generating assets to its shareholders.
    • Natsource in its joint implementation project under the Kyoto protocol with Rosgazificatsiya.
    • RAO UES and its subsidiary, OGK-5 in its establishment of a sponsored GDR facility and distribution of GDRs to the shareholders of RAO as it relates to the spinoff of RAO's interest in OGK-5 to its shareholders.
    • Norilsk Nickel in its $4.5 billion tender offer for all of the shares of OGK-3 that it did not already own.
    • Yukos Oil in certain U.S. securities laws matters.
    • Kausar Oil and Gas in its acquisition of controlling stakes in three Russian companies.
    • Sakhalin II Project – a participant in a consortium of Western investors in the $20 billion development and financing of oil and gas fields offshore Sakhalin Island and construction of associated pipeline and LNG facility.
    • Polyus Gold International in its acquisition of gold assets in Venezuela from Crystallex International Corporation and Gold Reserves.
    • Western corporate members of the Caspian Pipeline Consortium on various aspects of their project to construct, finance and operate a pipeline to carry oil from the Kazakhstan Caspian region through a Russian Black Sea port to Western markets.
    • Mitsui in its $240 million joint venture with EVRAZ Group to develop the Denisovskoye coal deposit.
    • ExxonMobil in relation to proposed gas exploration projects in Turkmenistan and Uzbekistan and the acquisition of a number of gas assets in Russia.
    • Jenington International, a subsidiary of Polyus Gold, in its $1 billion purchase of 9% of the stock of Polyus Gold.
    • Chelyabinsky Tube Rolling Group in a joint venture with Sultzer Pumps Deutschland relating to a pump equipment supply contract.
    • Novolipetsk Steel in its $500 million acquisition of VIZ-Stal, a leading producer of electrical steel.
    • Norilsk Nickel in two syndicated loans by a group of Western banks worth a total of $400 million, in one case secured by a pledge of nickel and export contracts.
    • Polyus Gold in its $2 billion sale of a 20% interest in Gold Fields Limited.
    • NLMK in its $750 million acquisition of a controlling interest in Altai Koks and Prokopievsk Ugol.
    • Polyus Gold in its $285 million purchase of three gold mining companies from IG Alrosa.
    • Norilsk Nickel in its reorganization in the form of a spin-off of gold assets into a new public company OJSC Polyus Gold and the subsequent listing of OJSC Polyus Gold on the London Stock Exchange.
    • Norilsk Nickel in its $400 million unsecured revolving credit facility with Barclays Capital and BNP Paribas (Suisse) S.A. as joint bookrunners.
    • NLMK in its acquisition of controlling stakes in St. Petersburg Sea Port and 15 stevedoring and service companies, Stoilensky Ore Mining and Processing Plant, Tuapse Commercial Sea Port and Tuapse Ship Repair Yard, Dansteel AS and KME Ore.
    • NLMK in its acquisition of the Tuapse Commercial Sea Port and Tuapse Ship Repair Yard.
    • Norilsk Nickel in its $250 million credit facilities secured over contracts for the export of nickel and nickel-related products.
    • CPL Concordia, an Italian gas conglomerate, in the acquisition and subsequent sale of shares in two Russian gas companies in Eastern Siberia.
    • ExxonMobil in the second phase of the Caspian Pipeline as well as the construction of a pipeline from Sakhalin Island to China.
    • Transneft in a proposed purchase of an “A” class business center in Moscow.
    • Chelyabinsk Zinc Plant in Russian antitrust matters, including a FAS investigation.
    • Mechel, a Russian mining and metals conglomerate, in winning dismissal of securities fraud claims in the Southern District of New York brought after senior Russian officials made negative comments about the company and levied an antitrust fine for alleged price discrimination.
    • Interros in the sale of its stake in the logistics companies in the Sheremetyevo Moscow airport in favor of infrastructure fund TPS AVIA Holding.
    • Sakhalin-China Pipeline – ExxonMobil in the construction of a pipeline from Sakhalin Island to China – ongoing
    • ExxonMobil on various antitrust issues related to its Russian operations.