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DLA Piper Advises Sberbank Investments on Financing for Development of Russian Educational Center

DLA Piper Advises Sberbank Investments on Financing for Development of Russian Educational Center

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DLA Piper has advised Sberbank Investments on its secured mezzanine loan to Russia’s Nizhny Novgorod Region and Prosveshcheniye Group for the construction of a training and educational center.

Financial aspects of the deal were not disclosed.

According to DLA Piper, “the educational center in Nizhny Novgorod will have a total capacity of 4,550 seats. The financing consists of a loan from Sberbank, the investor’s own money, and the federal budget, which allocated funding for the 800th anniversary of Nizhny Novgorod.”

DLA Piper’s Moscow team consisted of Partner Leo Batalov, Legal Director Ivan Sezin, and Associate Daria Vasilieva.

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

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