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Ekaterina is a local partner in our Moscow office's Project Development and Finance group. She regularly represents clients on financing transactions and has significant experience working on project finance, trade finance, acquisition finance as well as other secured financing transactions involving Russian and international banks, companies and multilaterals. Ekaterina also advises on a number of legal issues relating to banking, currency regulation, security enforcement, and issues relating specifically to concession and PPP projects in Russia.
Representation of VTB as a senior lender on a number of key financing transactions on the Russian market, including acquisition finance transactions in metals & mining sector and retail sector, PPP financing, real estate financing.
Representation of EuroChem on a project financing of up to US$750 million from a syndicate of international and Russian banks in connection with its Usolskiy potash project located within Russia's Verkhnekamskoe deposit, one of the world's largest potash deposits.
Representation of the arrangers and original lenders in connection with a project financing for the development of oil gas fields in the Russian north by LLC SeverEnergia, a joint venture between Russian companies OJSC Gazprom Neft, OJSC Novatek and Italian companies ENI and Enel. The total amount of the financing was more than US$3 billion and consisted of a single term loan facility to be advanced over the course of four years. The deal constituted as one of the largest Russian project financing transactions to date, as well as one of the first syndicated lending transactions to be structured fully under Russian law.
Representation of Chelyabinsk Pipe-Rolling Plant (ChelPipe) in connection with the large-scale refinancing of its existing portfolio of loans. The new loans provided to the company amounted to around US$2.9 billion in total. The project also contemplated a bonds issuance for the amount of RUB 8,225 billion (US$267 million). We assisted the client in handling a highly complex negotiation process with more than 20 financial institutions that were involved on the lender side. We also advised ChelPipe group in the provision of a unified pool of asset security for the new loans. In addition to that, the loans were partially guaranteed by the Russian Government.
Representation of export credit agencies, multilateral lenders and commercial bank lenders in connection with the US$20 billion project financing of the Sakhalin II (Phase 2) Integrated Oil and Gas Project in Russia.
Representation of the joint venture project company, Nord Stream AG, and the sponsors in the €9 billion construction and development of the Nord Stream Pipeline. This deal was awarded 2009 European Gas Deal of the Year by Project Finance International, one of the Best Deals of 2009 by Global Trade Review, 2010 European Midstream Oil & Gas Deal of the Year by Project Finance Magazine, and 2010 Oil & Gas Deal of the Year by Infrastructure Journal and as a result of White & Case's work on this project, was selected as 2011 Infrastructure/Energy Team of the Year by The Lawyer.
Representation of a syndicate of international lenders and investment banks led by Goldman Sachs on provision of credit facilities to finance the acquisition of first a Russian juice manufacturer Nidan Soki and the the acquisition of Russian Alcohol Group. Both transactions were modelled as LBO-type transactions, once of the first of this type on the Russian market.
New PPP Mechanisms, Oil, Gas and Law journal by LawTek, No. 5, December 2015, (co-author)