Mining in Europe

Experience

    • PJSC Polyus and its indirect subsidiary Polyus Finance in the issue of $250 million senior bonds convertible into global depositary receipts representing ordinary shares of PJSC Polyus.
    • PJSC Polyus and its indirect subsidiary Polyus Finance in the $500 million Eurobond offering of 4.70% guaranteed notes due 2024.
    • Norilsk Nickel in its up to $2.5 billion syndicated term loan facility with an international syndicate comprising 17 banks and financial institutions.
    • NLMK in its $500 million Eurobond offering of 4% notes due 2024, and a related tender offer for outstanding notes due 2018 and 2019 for the aggregate principal amount of $317 million.
    • PJSC Polyus in a public offering of shares and depositary receipts pursuant to Regulation S/Rule 144A and listing of depositary receipts on the LSE.
    • Nornickel in its $1 billion Eurobond offering of 4.10% notes due 2023.
    • NLMK and its U.S. subsidiaries in a $250 million ABL facility.
    • Polyus Gold International in its $800 million Eurobond offering of 5.25% guaranteed notes due 2023.
    • Polyus Gold International in its $500 million Eurobond offering of 4.699% notes due 2022.
    • NLMK in its $700 million Eurobond offering of 4.5% loan participation notes due 2023, and a related tender offer for its outstanding notes due 2018 and 2019 for the aggregate principal amount of $571 million.
    • Norilsk Nickel in its $1 billion Eurobond offering of 6.625% notes due 2022.
    • A Canadian mining group in a dispute with the government of an African country, concerning claims of breach of the tax stabilisation and other provisions of an agreement for the operation of a copper treatment facility, and an expropriation of certain of the mining company’s rights.
    • Novolipetsk Metallurgical Kombinat (NLMK) in its €125 million facility agreement provided by the EBRD.
    • Uralkali in its $1.025 billion syndicated loan secured by export sales of potash.
    • NLMK in its €100 million revolving collateralised credit facility for NLMK Sales Europe.
    • Norilsk Nickel in its $1 billion offering of 5.55% Loan Participation Notes due 2020 pursuant to Regulation S/Rule 144A.
    • Polyus Gold in a consent solicitation in respect of KazakhGold Limited's $200 million 9.375% senior notes due 2013.
    • NLMK in a €70 million facility agreement between Duferco Clabecq S.A. as borrower, Duferco Participations Holding Limited and OJSC Novolipetsk Steel as guarantors and Coöperatieve Centrale Raiffeisen-Boernleenbank S.A. as lender.
    • NLMK in an investment by SOGEPA, a governmental investment entity in Belgium, in its European businesses.
    • Norilsk Nickel in its $2.1 billion 5-year unsecured syndicated loan facility.
    • Uralkali in its $1 billion pre-export facility agreement provided by a syndicate of 14 international banks.
    • Polyus Gold International in its shareholder bridge loan to KazakhGold.
    • Norilsk Nickel in its debut $750 million Eurobond offering of 4.375% notes due 2018.
    • Uralkali in its debut $650 million Eurobond offering of 3.723% notes due 2018.
    • Polyus Gold International in its debut $750 million Eurobond offering of 5.625% notes due 2020.
    • NLMK in its $800 million Eurobond offering of 4.45% notes due 2018.
    • Polyus Gold International in the sale of its Kazakh and Kyrgyz assets to a consortium of investors comprising Institute Project BV.
    • Interros in an agreement with Millhouse and UC RUSAL on settlement of the shareholders’ conflict, corporate governance and sale of shares in MMC Norilsk Nickel.
    • NLMK in its debut $500 million Eurobond offering of 4.95% notes due 2019.
    • Uralkali in relisting its global depositary receipts on the London Stock Exchange following its merger with Silvinit.
    • Polyus Gold International in its $9 billion premium listing on the London Stock Exchange.
    • A major Russian metals and mining company in a $1.5 billion pre-export finance facility with a syndicate of banks secured by export receivables.
    • Polyus Gold International in its sale of subsidiaries in Kazakhstan, Romania and Kyrgystan.
    • Polyus Gold International in the $635.5 million sale of its shares to Chengdong Investment Corporation and JSC VTB Bank.
    • NLMK in its acquisition of Angira Metal Products Private Limited, Nippon Transcore Private Limited, and M/S. National Lamination Industries.
    • Norilsk Nickel in its $1.5 billion pre-export finance facility arranged by a syndicate of international banks.
    • Independent Transport Company in the antitrust clearance of its acquisition of Freight One Company.
    • HarbourVest Partners in the acquisition of Premetalco through a co-investment with Nova Capital Management Limited.
    • Polyus Gold International in the $11 billion combination of KazakhGold Group Limited with Polyus Gold.
    • A major Russian mining company in a $500 million secured bridge loan by Societe Generale to finance the acquisition of shares in Polyus Gold International relating to a tender offer.
    • An aluminum manufacturer in an ICC arbitration claim for breach of an alleged alumina sale and purchase contract.
    • Uralkali in its $8.1 billion merger with Silvinit.
    • Norilsk Nickel and Interros International Investments in a dispute with United Company Rusal, including LCIA arbitration proceedings and related court litigation in the United States, England, Russia, Switzerland, St. Kitts & Nevis and The Netherlands.
    • Areva and HSBC in their €310 million block trade of Safran shares.
    • KazakhGold Group in its $100 million private placement to international investors.
    • KazakhGold Group Limited in a reverse takeover of Polyus Gold valued at $10 billion.
    • Polyus Gold International in a consent solicitation in respect of KazakhGold Limited's $200 million 9.375% senior notes due 2013.
    • NLMK in the restructuring of SIF, a joint venture it established with Duferco, including the sale of assets to Duferco.
    • NLMK in its sale of carbon emission credits to Global Carbon BV.
    • NLMK in its €175 million facility agreement provided by the European Bank for Reconstruction and Development relating to NLMK's €500 million energy efficiency program.
    • Polyus Gold in its acquisition of 50.1% of KazakhGold Group.
    • NLMK in limited matters relating to its $400 million acquisition of Beta Steel Corp.
    • NLMK in its $1.6 billion pre-export credit facility.
    • Rank Group in the $1.6 billion credit facility for its acquisition of the packaging assets of Alcoa.
    • Rank Group in its $2.7 billion purchase of Alcoa’s packaging and consumer businesses.
    • Norilsk Nickel in its $2.7 billion spin-off of its power-generating assets and the creation of the largest independent power company in Russia.
    • Norilsk Nickel in its $2.7 billion sale of shares in an accelerated bookbuild.
    • Deutsche Bank Securities, as financial adviser to Rio Tinto, in its $38 billion acquisition of Alcan.
    • KM Technologies in its acquisition of an interest in a Russian gold mining company from an Irish company.
    • Polyus Gold International in the listing of its ADRs on the London Stock Exchange.
    • NLMK in obtaining EU merger control approval for its $1.6 billion joint venture with Duferco to acquire steel assets in Europe and the U.S.
    • Phelps Dodge in obtaining merger control approval in the EU, and various other jurisdictions globally, in respect of in its $26 billion merger with Freeport-McMoRan Copper & Gold, forming the world’s largest publicly traded copper company.
    • Chelyabinsk Zinc Plant in its $314 million initial public offering of shares and global depositary shares and its listing on the London Stock Exchange.
    • NLMK in its sale of its 92% stake in Kombinat KMAruda, an iron-ore producing company, to Russian company Koks and Cyprus company Lesser Enterprises Limited.
    • Chelyabinsk Tube Rolling Plant group in its acquisition of MSA, a Czech producer of tube bolts and bolt clocks.
    • Polyus Gold International in its admission to listing and trading American depositary shares on the London Stock Exchange, the first-ever LSE listing of depositary receipts without an initial public offering. (Terminated)
    • Arcelor in the $32 billion acquisition by Mittal Steel.
    • NLMK in the $609 million secondary offering by its controlling shareholder of shares and global depositary shares, and the admission of the company to the Official List and to trading on the London Stock Exchange.
    • Nord Est in its sale of Société Denain Anzin Minéraux to Imerys.
    • Two Japanese companies in their joint venture and, as a consortium, acquisition of 21% interest in the Goro Nickel Development Project, a $1.9 billion project to develop a cobalt-nickel mine in the Goro area of New Caledonia and construct a hydro-pressue acid leaching facility.
    • Jelmoli in the private placement of $190 million of senior notes and the proposed restructuring and ultimate prepayment of its senior notes.
    • Stahl und Metallunternehmensholding, of the Novolipetsk Steel Group (Fletcher Fund Group), in its $450 million purchase of a controlling interest in Stolinsky Gorno-Obagatitelny Kombinat, a mining and processing plant.
    • HarbourVest Partners in its purchase of a minority interest in the holding entity for Ontex NV.
    • NLMK in the sale of its wholly-owned subsidiary Stinol, a manufacturer of refrigerators, to an Italian buyer.
    • Bowthorpe in its $36 million acquisition of Keystone Carbon Company.
    • NLMK in a tender offer in respect of its $800 million 4.45% loan participation notes due 2018 and $500 million 4.95% loan participation notes due 2019 (issued by Steel Funding Limited) in the aggregate principal amount of $121.7 million.
    • Acting for the audit committee of international shipping company NewLead Holdings, a Nasdaq listed entity, to conduct an investigation under Section 10A of the Securities Exchange Act of 1934 into the circumstances behind a high value transaction.
    • A major London-based mining company and its African subsidiary, one of the largest mining and metals companies in Africa, in four parallel LCIA arbitrations relating to a $500 million dispute with a major contractor over short delivery and other alleged breaches of a contract for mining services at an open cast copper mine in Southern Africa.
    • NLMK in a €500 million collateralised facility agreement among NLMK Sales Europe, NLMK Coating, and NLMK Verona as borrowers, Novolipetsk as guarantor and Deutsche Bank as facility agent.
    • NLMK and its subsidiary Steel Invest & Finance (Luxembourg) in a €50 million facility with The Royal Bank of Scotland.
    • Norilsk Nickel in its $2 billion offering of senior unsecured convertible bonds.
    • Corbiere and Raleigh, wholly-owned subsidiaries of Russian miner Norilsk Nickel, in a dispute between Rusal and the Interros Group over the buyback of Norilsk shares worth $3.5 billion.  These complex, inter-related proceedings involved parallel litigation in England, the Caribbean, the United States and Russia. Amongst the interrelated proceedings was the successful defence of a Norwich Pharmacal application, in which Rusal sought to obtain documents relating to Debevoise’s representation of Norilsk, Corbiere and Interros.
    • Interros International Investments in an LCIA arbitration against UC Rusal Limited over a cooperation agreement relating to the joint management of OAO MMC Norilsk Nickel. Representation of the client in settlement of the dispute.
    • Pueblo Viejo Dominicana, a joint venture between Barrick Gold and Goldcorp, in a dispute with the Government of the Dominican Republic regarding the Pueblo Viejo gold, silver and copper mine, which is reported to be the largest foreign investment in the Dominican Republic.
    • A leading natural resources group in its criminal investigation by the SFO into allegations of fraud, bribery and corruption relating to the activities of the company or its subsidiaries in Kazakhstan and Africa.
    • Tethyan Copper Company in its US$6 billion arbitration win against the Islamic Republic of Pakistan, which is the second-largest ICSID award ever rendered.