Biography
Assel is an Associate in our M&A practice in Astana, specializing in corporate and commercial law, M&A and capital markets transactions.
Experience
Representation of Qatar-based Lesha Bank on 100% acquisition of the share capital in Kazakhstan-based Bereke Bank JSC from Baiterek National Management Holding JSC, a Kazakhstan sovereign wealth fund for the approximately US$135 million. Work included advising on banking regulatory landscape, specifically accompanying of obtaining bank holding status and representation in Kazakhstan Central Securities Depositary.
Representation of the major Middle East-based infrastructure developer with respect to development, construction, designing, engineering, commissioning, financing, operation and maintenance of several gas projects in Kazakhstan.
Representation of Nostrum Oil & Gas PLC, a UK-listed oil and gas company engaging in the production of oil and gas in the pre-Caspian Basin in Kazakhstan, in connection with its corporate restructurings.
Representation of the senior international lenders, EBRD and IFC, in the secured financing of the Almaty International Airport reconstruction for US $450 million. The transaction was named "M&A/Acquisition Finance Deal of the Year" by Bonds, Loans & Sukuk Turkey Awards 2022.
Representation of the client in connection with the proposed acquisition of the equity interest of approximately 50% in three operating solar photovoltaic projects in solar companies in Kazakhstan. Work included conducting legal due diligence.
Representation of Verny Capital, one of the largest groups in Kazakhstan, specializing in direct equity investments in private companies, in relation to the due diligence of Saryarka Airport in Karaganda.
Representation of Resource Capital Fund VII LP, a mining-focused US-based private equity fund, in a 35% indirect equity acquisition of RG Gold, a gold mining company based in Kazakhstan.
Representation of Grupo Bimbo, a Mexican multinational bakery product manufacturing company in relation to the due diligence and establishment of joint venture with a local partner in Kazakhstan.