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White & Case and Herbert Smith Freehills Advise on IVI's Financing from Alfa-Bank

White & Case and Herbert Smith Freehills Advise on IVI's Financing from Alfa-Bank

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White & Case has advised Russian online video streaming service IVI on financing it received from Alfa Bank. Herbert Smith Freehills advised Alfa Bank on the deal.

IVI is a Russian online video streaming service that offers licensed video content, including more than 65,000 movies, TV shows, cartoons, and music videos.

According to White & Case, “the deal is a benchmark in the rapidly growing Russian video services market. IVI is the first online service to attract external financing instead of using its own equity funds. The bank provided IVI with a venture loan with a maturity of six years. According to the terms of the transaction, Alfa-Bank also received the right to acquire 2.5 percent of the company’s equity under a warrant agreement.”

White & Case’s team was led by Partner Natalia Nikitina and included Partner Irina Dmitrieva, Local Partners Ekaterina Logvinova and Dmitry Lapshin, Counsels Pavel Boulatov and Adam Smith, and Associates Azamat Gaisenov, Adel Shageev, and Roman Kudryavstev.

Herbert Smith Freehills' team in Moscow included Partner Artjom Buligin, Senior Associates Georgiy Entin, Samara Goode, Vadim Nikitin, and Denis Morozov, Associate Georgy Kurgansky, and Trainees Robert Bikbulatov, Igor Musienko, Yulia Sobko, and Maria Zerkalova.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


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