CEE Legal Matters In-depth coverage of the news and newsmakers that shape Europe's emerging markets 
The Moscow, London, and New York offices of Debevoise & Plimpton have advised NLMK on its EUR 500 million 5-year Eurobond offering with an annual coupon rate of 1.45%. Linklaters advised joint lead managers and joint bookrunners J.P. Morgan, BofA Securities, and Societe Generale.
Baker McKenzie has advised the Russian Ministry of Finance on a EUR 1 billion issuance of 2.65% bonds due 2036, as well as a EUR 500 million tap offering of 1.125% bonds due 2027.
Former Deputy Director of the Department of International Law of Russia’s Ministry of Justice Olga Tsvetkova has returned to Egorov Puginsky Afanasiev & Partners as Co-Head of the firm’s International Arbitration group.
Dentons has advised titanium producer VSMPO-AVISMA Corporation on an English law-governed unsecured five-year club loan facility for up to USD 400 million provided by a number of international banks. The mandated lead arrangers included Societe Generale, Credit Agricole Corporate and Investment Bank, Banca Intesa, Intesa Sanpaolo Bank Luxembourg S.A., and UniCredit S.p.A., with the latter four banks also serving as book-runners. Bank Zenit and Bank ICBC were lead arrangers. ING Bank N.V. acted as agent and UniCredit S.p.A. acted as documentation agent.
Egorov Puginsky Afanasiev & Partners has advised PPG Industries on Russian legal aspects of its tender offer for the shares of Finnish paint manufacturer Tikkurila.
Kachkin & Partners has advised real estate developer Krasnaya Strela on the sale of a business-class residential development project on Moskovsky Prospekt in Saint Petersburg, including the 2.63-hectare plot, building permits, and RUB 6.3 billion in financing provided by the DOM.RF Bank, to developer E.Development of Moscow.
A team of former King & Spalding Moscow lawyers, including Managing Partner Sergey Komolov, Counsel Ilya Zotkin, and Associate Stanislav Rzhaksenskiy, will join Russia's Rybalkin, Gortsunyan & Partners law firm in July.
Kachkin & Partners has advised Sirin Development on the sale of the Nordway logistics complex near St. Petersburg to investment development company Central Properties.
Dentons has advised UniCredit on its provision of a USD 50 million sustainability-linked loan to PJSC Sibur Holding, the largest integrated petrochemicals company in Russia.
Dentons has advised Russian animation studio Soyuzmultfilm LLC on its acquisition of an unidentified stake in Mult Efir LLC.
Generally, the responsibility for interpreting foreign laws lies with the state commercial court. Parties have a right, but are not obliged to, render assistance and provide the court with information concerning statutory provisions of foreign laws. However, if the content of the foreign law is not ascertained with reasonable expediency, Russian law applies.
Most changes in Russian commercial real estate law in 2020 were associated with the COVID-19 pandemic and the governmental bans and restrictions introduced in connection with it.
Capital Legal Services has advised ABS LLC, a joint venture of Airports of Regions MC and Novaport Holding, on its entrance into a RUB 7 billion concession agreement for the development of the Blagoveschensk airport for a term of 30 years.
Former Stada CIS Head of Legal Konstantin Sharlovskiy has joined the Pepeliaev Group as Head of Life Sciences in Moscow.
DLA Piper has advised Russian oil and gas company TAIF on the merger of its petrochemical business with Russian petrochemical company Sibur. Herbert Smith Freehills reportedly advised Sibur.
DLA Piper has advised Safmar Financial Investments, an investment arm of Russia's Safmar Group, on the sale of 100% of shares in the Safmar non-state pension fund to Leningradskoe Adagio, an investment company owned by Russia’s Region Group.
Sorainen has advised Data Delivery LLC, the Belarusian developer of a platform for managing the online status and business reputation of RocketData.io, in connection with share acquisitions and further investment in the company by mapping service 2GIS, which is part of the Sber group. DLA Piper Moscow and Aleinikov & Partners in Minsk advised 2GIS on the deal.
Norton Rose Fulbright and Asters have advised a syndicate of banks on its provision of a PLN 1.5 billon loan to Polish, Russian, Romanian, Ukrainian, and German members of the Cersanit Group. Romania's Ionescu si Sava reportedly also advised the syndicate. Clifford Chance advised Cersanit on the deal.
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 handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.
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, 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
