Natalia Tsimbalova

Associate, Moscow



Natalia is an associate in our Moscow office's energy, infrastructure, project and asset finance group. She has acted on a wide range of financing transactions, including project finance, real estate and development finance and general syndicated secured and unsecured finance involving Russian and international companies, as well as multilaterals. Natalia also advises on a number of legal issues relating to banking, currency regulation, security enforcement and corporate law.

Recently, Natalia completed a six month secondment at a leading European bank in its London office.

Bars and Courts
Qualified to practice law in the Russian Federation
Law Degree

Russian Academy for Foreign Trade



EBRD in connection with loan facilities provided to a member of Cersanit group for the purposes of modernizing an existing production line of ceramic goods.

IFC and Black Sea Trade Development Bank in JV on a financing to Kulon-Yugros, which was used to construct and operate a Class A warehouse complex in the Stavropol region of Russia.

Capital Partners in connection with refinancing of its loan from Hypothekenbank Frankfurt AG for the construction of the Metropolis shopping center with a loan from Sberbank of Russia. Natalia also participated in later advising Capital Partners on financing matters related to its subsequent sale of the Metropolis shopping center to Morgan Stanley.

Capital Partners on a €115 million financing from Sberbank in connection with a real estate development project to construct a hotel and villas in Turkey.

EBRD on a loan to Kstovo Industrial Park 1 to help finance a project relating to the development, construction and operation of a class A industrial park on a green-field site located in Kstovo in the Nizhniy Novogorod region, Russia.

Bank of Cyprus on a number of investments in the Russian real estate sector, including construction of trade centers in the Moscow Region.