Just as in previous years, the ranking recognises our expertise in Capital Markets: Debt, Capital Markets: Equity, and M&A. Our work in Project Finance and Restructuring and Insolvency has been acknowledged for the first time this year
On 27 June 2016 Moscow Exchange included US$150 million LPNs issued by SovCom Capital D.A.C. into Level 3 list. The coupon is set at 9%, notes maturing in 2020. The notes are intended for qualified investors only - the first precedent in the Russian market
On 20 June 2016 Kommersant newspaper puplished the results of the annual international legal ranking by Best Lawyers. This year the ranking distinguishes expertise of three LECAP partners - Roman Belenkov, Georgy Osipov and Yury Tuktarov - in six practice areas
It is for the first time in Russian market practice that previously established coupon rates have been changed on bonds redeemed by the issuer in full. Establishing new, market coupon rates on Series 04 and 05 bonds will allow OJSC "Tele2 - St. Petersburg" to sell the bonds to investors again.
LECAP team led by partners Michael Malinovskiy and Elizaveta Turbina provided full legal support in relation to RUB 10 billion Series 01 structured bonds issue by Special Purpose Company "Structured Investments 1" LLC. S&P Global Ratings assigned its 'BBp' credit rating to the issue
LECAP team led by partners Michael Malinovskiy and Elizaveta Turbina acted as legal advisor to ING BANK (EURASIA) JSC in relation to registration and placement of an up to RUB 40 billion "exchange traded" bonds program.