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White & Case Advises VTB Bank on Financing for M.video Acquisition of Eldorado

White & Case Advises VTB Bank on Financing for M.video Acquisition of Eldorado

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White & Case has advised VTB Bank on a secured term loan provided to Russian retail chain PJSC M.video for the acquisition of shares in the Russian retail chain Eldorado.

PJSC M.video is a member of the SAFMAR Group, which White & Case reports intends to consolidate its retail assets by the first quarter of 2019 and become a key player in the Russian consumer electronics retail market.

“Given the current environment, this important deal is a landmark financing in the Russian market,” says Moscow-based White & Case Local Partner Ekaterina Logvinova, who co-led the firm's team with Partner Natalia Nikitina. They were supported by Associates Natalia Tsimbalova, Adel Shageev, Ilyana Scherbakova, and Maria Kulmukhametova.

White & Case did not reply to our inquires.

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