Orrick has advised Sberbank CIB as the arranger on a complex refinancing for MLP Group, a leading warehouse distribution operator in Russia and Ukraine.
The USD 500+ million financing was split into two concurrent secured facilities. MLP operates over 730 square meters of industrial warehouse facilities, including two facilities near Moscow and Saint Petersburg and one near Kiev, Ukraine. MLP also owns a land portfolio including a total of more than 120 hectares of land plots near Moscow and Saint Petersburg.
The Orrick team included Dmitry Gubarev, Victoria Bryxa, Svetlana Gareeva, and Maria Shkrabina in Moscow, and Alexander Janes and Paul Denham in London.