Debt Capital Markets

Lending

• Advice to the creditor, a leading Chinese bank, in a transaction on the USD7.5 billion financing of the Asian Gas Pipeline;
• Advice to a French bank in a transaction on the financing of the largest Kazakh uranium company;
• Advice to the borrower companies in a transaction on the financing of JSC “Alliance Bank”;
• Advice to the leading Chinese bank in a transaction on the financing of a Kazakh mining company;
• Advice to EBRD regarding the questions of a guarantee issued by a Kazakh company in a transaction on the financing of a Kyrgyz beverage producing company;
• Advice to EBRD on a syndicated loan to a Russian group of companies, as well as advising on the issues of a Kazakh company pledging its shares, movables and immovables;
• Advice to a German bank in a transaction on the refinancing and guarantee terms of the debt of a Kazakh bank;
• Advice to a Dutch bank on issues of applicable law and the means of disputes resolution in financing transactions;
• Advice to a foreign creditor on issues of the assignment of facility agreement rights;
• Advice to an Austrian bank in a transaction on the financing of a Russian company and issuing a guarantee by a Kazakh company;
• Advice to the subsidiary company of a Swedish telecommunications operator in a financing transaction;
• Advice to EBRD on issues related to the extension of pledge agreements’ terms in the financing transaction of a Kazakh company;
• Advice to foreign creditors in a transaction on the refinancing of the largest Kazakh mining company and on an extension of its guarantee terms;
• Advice to a Singaporean bank in the financing transaction of a company issuing a guarantee and on issues regarding a future receivables pledge;
• Advice to Korean creditors in a transaction regarding the assignment of a facility agreement.

Eurobonds

• Advising dealers and the trustee on a transaction of USD 3 billion, the Euro Medium Term Note Programme of Eurasian Natural Resources Corporation PLC, guaranteed by Kazakh guarantors.
• Advising Alliance Oil (the issuer) and the Kazakh guarantor regarding a USD300 million Eurobonds issuance.

Equity Capital Markets

• Advice on JSC Danabank’s acquisition by a leading Indian bank, Punjab National Bank;
• Advice to a Kazakh gold mining company in a transaction on GDR issuance;
• Advice to the Kazakh subsidiary of the largest Scottish bank regarding Kazakh law issues related to the sale of the bank’s shares.

Project Finance

• Advice to EBRD on the financing of a state-owned company with the purpose of modernising the water and heating systems in Aktau city, Kazakhstan;
• Advice to Korean investors on the development, financing, construction, operation and maintenance of the Balkhash thermal power plant (ongoing debut IPP project in Kazakhstan);
• Advice to Korean investors on the development, financing, construction, operation and maintenance of a 100 ~ 150 MW combined-cycle gas-fired power plant in the Kyzylorda region, Kazakhstan (ongoing);
• Advice to an international bank on financing the modernisation of the electric networks of a city in Kazakhstan (ongoing).

Asset Finance and Real Estate Finance

Sea vessels finance

• Advice to the International Finance Corporation on the financing of a sea vessels purchase and the mortgage of a fleet;
• Advice to the Eurasian Development Bank on the financing of sea vessels construction and the purchase and mortgage of vessels under construction.

Aircraft finance

• Acting as Kazakh legal counsel of the foreign lessor and the security trustee as to matters of Kazakhstan law in connection with an aircraft lease (Ijara) agreement;
• Acting as Kazakh legal counsel of the foreign lessor as to matters of Kazakhstan law in connection with an aircraft engine lease agreement.

Islamic Finance

• Advisce to the Islamic Development Bank on Murabaha transaction;
• Advice on a potential transaction regarding the issuance of sovereign sukuk (ongoing);
• Advice to the creditor in a transaction on Idzhara (leasing), including issues of an aircraft motor pledge.

Insolvency & Restructuring

• Advice on restructuring to foreign creditors of JSC “Alliance Bank”;
• Advice on restructuring to foreign creditors of JSC “TemirBank” (ongoing);
• Advice to foreign creditors on the restructuring of JSC “BTA Bank” debt;
• Advice to the Export Credit Agency on the restructuring of JSC “Astana Finance” (ongoing);
• Advice to a group of affiliated companies regarding the restructuring of a bank debt (ongoing);
• Advice to a foreign bank on the restructuring and debt recovery issues of a Kazakh company;
• Advice to Eurobonds holders on issues related to the default by an issuer holding material amounts of its assets in Kazakhstan.

Insurance Market

• Advice to an underwriter on the issues of Kazakh satellite insurance;
• Advice to America’s largest insurance company regarding the determination of an insured event;
• Advice to an insurance broker on issues of carrying out insurance broker activities in Kazakhstan and working on insurance broker agreement (ongoing).

Derivatives and Structured Finance

• Advice to a foreign financial company on the offering and sale of derivatives products in Kazakhstan and on the local legal framework for derivatives.

Currency Regulation

• Advice to a syndication of banks on currency-related issues related to the USD300 million facility of the largest Kazakh uranium company;
• Advice to an insurance broker on currency-related issues arising from the remittance of insurance premiums from foreign insurance to a Kazakh insurance company (ongoing);
• Advice to a leading international bank regarding currency-related issues related to loan transactions.