Mining in Russia

Experience

    • Norilsk Nickel in its buyback of issued outstanding shares for a total purchase price of $2 billion.
    • NLMK in its €500 million Eurobond offering of 1.45% notes due 2026 and a related tender offer for outstanding notes due 2023 and 2024 for the aggregate principal amount of $470.6 million.
    • Ultra Group in its $77 million joint venture with Sredneuralsk Copper Smelter to operate an ammonium sulfate production plant.
    • 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.
    • 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.
    • Norilsk Nickel in its $1 billion offering of 5.55% Loan Participation Notes due 2020 pursuant to Regulation S/Rule 144A.
    • NLMK in its €100 million revolving collateralised credit facility for NLMK Sales Europe.
    • 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.
    • Polyus Gold in a consent solicitation in respect of KazakhGold Limited's $200 million 9.375% senior notes due 2013.
    • 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.
    • 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.
    • Freight One in the acquisition of a rail transport operator from Severstal.
    • NLMK in an investment by SOGEPA, a governmental investment entity in Belgium, in its European businesses.
    • Polyus Gold International in its listing of $750 million 5.625% notes due 2020 on the London Stock Exchange.
    • 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.
    • Jenington International in its approximately $1 billion offer to purchase for cash issued and outstanding shares and American depositary receipts of OJSC Polyus Gold.
    • 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.
    • A state corporation in its purchase of a new Global Express XRS Vision jet and a used Global Express.
    • 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.
    • Norilsk Nickel in the spin-off of power assets into a separate company.
    • Interros Investments International in its formation of Altpoint Capital Partners Fund II LP.
    • 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.
    • 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 antitrust filings related to its various acquisitions.
    • NLMK in the restructuring of SIF, a joint venture it established with Duferco, including the sale of assets to Duferco.
    • The Bank of New York Mellon, as depositary, in the establishment of Rusal’s GDR program and the listing of GDRs on Euronext Paris.
    • 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.
    • 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 its acquisition of 50.1% of KazakhGold Group.
    • NLMK in limited matters relating to its $400 million acquisition of Beta Steel Corp.
    • Polyus Gold in the development of a gold mine to exploit the Natalka deposit in Northeastern Russia.
    • NLMK in its proposed $3.53 billion acquisition of the John Maneely Company from The Carlyle Group.
    • NLMK in its $1.6 billion pre-export credit facility.
    • NLMK in its €80 million acquisition of an international steel trading network.
    • Norilsk Nickel in strategic advice relating to its $13.1 billion sale of a 25% interest in its company to UC RUSAL.
    • 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.
    • Norilsk Nickel in its $4.5 billion tender offer for all of the shares of OGK-3 that it did not already own.
    • KM Technologies in its acquisition of an interest in a Russian gold mining company from an Irish company.
    • Mitsui in its $240 million joint venture with EVRAZ Group to develop the Denisovskoye coal deposit.
    • Polyus Gold International in its acquisition of gold assets in Venezuela from Crystallex International Corporation and Gold Reserves.
    • 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.
    • Chelyabinsk Zinc Plant in its $314 million initial public offering of shares and global depositary shares and its listing on the London Stock Exchange.
    • Jenington International, a subsidiary of Polyus Gold International, 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.
    • 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.
    • Novolipetsk Steel in its $500 million acquisition of VIZ-Stal, a leading producer of electrical steel.
    • Chelyabinsk Tube Rolling Plant group in its acquisition of MSA, a Czech producer of tube bolts and bolt clocks.
    • 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 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.
    • Polyus Gold in its $285 million purchase of three gold mining companies from IG Alrosa.
    • Norilsk Nickel, one of the world’s premier metals and mining operations, in the spin-off of its gold assets and the creation of Polyus Gold, a major international gold company with a market capitalization in excess of $9 billion.
    • 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.
    • 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.
    • Norilsk Nickel in its $250 million credit facilities secured over contracts for the export of nickel and nickel-related products.
    • NLMK in the sale of its wholly-owned subsidiary Stinol, a manufacturer of refrigerators, to an Italian buyer.
    • 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.
    • 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 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.
    • Interros in the sale of its stake in the logistics companies in the Sheremetyevo Moscow airport in favor of infrastructure fund TPS AVIA Holding.
    • 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.
    • Norilsk Nickel in its $2 billion offering of senior unsecured convertible bonds.
    • 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.
    • NLMK and its subsidiary Steel Invest & Finance (Luxembourg) in a €50 million facility with The Royal Bank of Scotland.
    • 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.