Banking and Project Finance
ALRUD Banking and Project Finance practice is one of our most sustainably developed areas of experience. Vast expertise of the team includes advising in full scope of lending transactions as well as regulatory aspects of Russian financial companies’ activity.
ALRUD is a part of an international network comprising a great number of leading independent law firms in all the major jurisdictions. This enables us to draw on the skills of the best lawyers around the world, working as an integrated team to provide our Clients with an international service of the highest quality.
Practice team possesses knowledge and wide experience in numerous spheres including corporate, capital markets and regulatory. This gives us a competitive advantage and brings a complete market view to the projects of our Clients.
Practice team is ready to conduct the most complex projects. Clients choose us as a team with deep knowledge of market, which is quite unique given the specifics of Banking and Finance sphere.
Lawyers working in the Practice have diversified specialization. They are involved in projects dealing with advising domestic and foreign financial companies (including payment systems, credit institutions and microcredit companies). One of the most recognized strength of the team is advising in projects involving Asian counteragents and Clients.
Our services
Our multidisciplinary Banking and Finance team delivers comprehensive advice in various types of finance transactions as well as regulatory issues arising in connection with financial institutions’ activity on Russian market.
Our services with respect to transaction work include:
- Acquisition finance
- Project finance
- Financial restructuring
- Russian and international equity and debt securities
- Derivatives
- Syndicated finance
With respect to regulatory part of our work,
we assist our Clients with various issues including the following:
- Reporting requirements applicable to financial institutions
- Anti-Money Laundering regulations and KYC requirements
- Debt collection
- Banking secrecy aspects
- Cooperation with Russian Central Bank (e.g. assisting in filing documents; supporting while visiting respective authority and during inspections carried out by the regulator; representing Clients in front of the regulator on day-to-day business aspects)
- Advising on payment system regulations in Russia and commenting on Russian National Payment System Law
Discover our insights
Highlights of recent domestic and international work:
SIBUR Group
on a US$1,75bn bonds issuance, purchased by National Wealth Fund.
Trafigura
as part of investment consortium in acquisition financing in respect of 49% stake in Mumbai-based Essar Oil Limited.
The largest Russian sovereign wealth fund
in relation to financing of most significant infrastructure projects connected with building, reconstruction, development and operation of highways in Russia. Investors included major Russian banks.
Bank of Baroda (India)
on a project regarding financing of acquisition of a Russian company engaged in the pharmaceutical business by a company incorporated in the United Arab Emirates.
A major Russian bank
on the master credit agreement between Credit Agricole Corporate And Investment Bank (as mandated lead arranger and agent) and other international financial institutions participating in the lending.
Hungarian Export-Import Bank Plc.
on the project related to provision of an interbank loan by Hungarian Export-Import Bank Plc. and its consortium partner for the purposes of financing the international equipment sales contract.
Mastercard Europe SA
provided for a wide range of legal services.
Kopeisky Mashinostroitelniy Zavod JSC
a major mining equipment producer, on several sale contracts and related financial documentation entered by the client with Eurochem Usolsky Potash LLC.
Industrial and Commercial Bank of China
and the Borrower in relation to modification of securities granted by the Borrower and its shareholders to secure a financing for construction and development of combined cycle cogeneration plant in Yaroslavl, Russia.
OLAM International Limited
as Russian legal counsel as the Borrower on a financing project, including review and comment on the bridge loan documentation and security documents, drafting documentation on further distribution of loan between the Borrower’s Russian subsidiaries.
A major Russian bank
on the RMB 3,1 bln Buyer Credit Loan Agreement concluded between The Export-Import Bank of China (as lender) and the client (as borrower).
Eurasian Development Bank
in a project financing (over RUB 2,2 bln) of construction of 15 automobile gas fueling stations by energy affiliates.
