Egorov Puginsky Afanasiev & Partners, reportedly working alongside Clifford Chance, has advised Citigroup Global Markets Limited and Raiffeisen Bank International AG as joint lead managers on the issuance and placement of Belarus's JSC Development Bank's corporate Eurobonds totaling USD 500 million. Vlasova Mikhel & Partners advised JSC Development Bank on matters of Belarusian law and Baker McKenzie advised the bank on U.S. and English law.
Egorov Puginsky Afanasiev & Partners has advised Solntse Mexico and Mission Foods Stupino, the Russian divisions of the Gruma Group, on their restructuring and on obtaining special economic zone resident status with the Ministry of Economic Development of the Russian Federation and other governmental bodies in connection with its investment in a factory in Moscow Region.
The Minsk office of Egorov Puginsky Afanasiev & Partners has advised the European Bank for Reconstruction and Development on a six year senior secured loan of EUR 24 million to OMA, the leading Belarusian DIY retail chain, designed to support the company's plans to open up to nine new stores across Belarus by the end of 2019. The borrowers were reportedly represented by Verkhovodko & Partners and Revera, with Valiunas Ellex serving as OMA LLC's Lithuanian counsel, and Baker Botts as the company's English counsel.
Egorov Puginsky Afanasiev & Partners has successfully represented Bank Saint Petersburg in a case against Russian entrepreneur Vitaly Arkhangelsky and Oslo Marine Group Ports LLC before the High Court of Justice. The Court ordered Oslo Marine Group Ports to pay St. Petersburg Bank over RUB 1.5 billion and dismissed the counterclaim of Arkhangelsky and OMG.