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Bryan Cave Leighton Paisner Advises International Investment Bank on Loan to Russia's State Transport Leasing Company

Bryan Cave Leighton Paisner Advises International Investment Bank on Loan to Russia's State Transport Leasing Company

Russia
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Bryan Cave Leighton Paisner has advised the International Investment Bank, a multilateral development bank mainly operating in Eastern Europe, Russia, and Asia, on USD 96.5 million multi-asset secured facility for financing and refinancing the acquisition of a number of passenger and special purposes aviation and mining assets for Russia's State Transport Leasing Company. The borrowers had no external counsel.

The financing terms permit the funds to be used for the acquisition of Let L-410 Turbolet regional passenger jets, helicopters Ansats, and Mi-8s with medical modules and BELAZ mining trucks.

According to a Bryan Cave Leighton Paisner press release, ”this deal is a successful example of implementation of the state program aimed at developing regional aviation and at increasing the accessibility of medical care in remote areas of the Russian Federation. It is also an example of strategic collaboration between IIB and GTLK under the partnership agreement signed in 2016.”

The Bryan Cave Leighton Paisner team was led by Counsel Tatiana Parshak, assisted by Associates Artemiy Bondarev and Dmitry Ionov. Partner Oleg Khokhlov supervised the project

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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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