Rimma is an associate in our Energy, Infrastructure, Project and Asset Finance practice. She has acted on a wide range of transactions for banks and borrowers, including pre-export finance, refinancing and loan restructurings, project finance, as well as general syndicated finance. Rimma regularly works with ECAs active in the region – most notably the Czech Export Bank, for whom she has advised on over twenty financings. She has also closely worked with a multilateral active in the region on legislative reforms to the pledge law as well as in the aviation sector. Rimma has advised on a number of aircraft financings and leases for leading Russian and international aviation companies. Her experience also includes advising on general corporate issues, with an emphasis in the financial sector, as well as currency control and bankruptcy issues.
Advising Sberbank on the restructuring of a US$1 billion loan to Accord-Invest secured by a pledge of shares of Polymetal International PLC.
Advising RusVinyl and the sponsors, CJSC SIBUR Holding and SolVin GmBH & Co KG, on the €750 million project financing of a 330,000 tonnes pa provinyl chloride (PVC) plant in Kstovo, Nizhny Novgorod, Russia, which has been described as "creating a Russian project finance template" by Trade Finance Magazine and was named "European Petrochemical Deal of the Year" by Project Finance and Project Finance International (2011).
Advising Independent Petroleum Company (IPC) on the establishment of a joint venture with Alliance Group (Alliance), a leading independent oil and gas player with vertically integrated operations in Russia, Kazakhstan and Ukraine. The purpose of the loan was to refinance existing Gazprombank facilities and finance consolidation of Alliance's shares, as well as future operational needs of the JV.
Advising United Company RUSAL Plc on an up to RUB 15 billion secured multicurrency facility agreement between, among others, United Company RUSAL plc and VTB Capital plc as Arranger, Original Lender, Agent and Security Agent.
Advising Industrial and Commercial Bank of China (ICBC) in connection with its US$400 million limited recourse financing to a joint venture between Territorial Generation Company No. 2 (TGC-2) and China Huadian Corporation to finance the construction of a new gas-fired combined cycle cogeneration plant to sell electric power into Russia's wholesale market under long-term capacity sale agreements.
Advising Basic Element and GAZ Group on a RUB 38 billion borrowing from VTB Capital plc in connection with the refinancing of existing syndicated loans of the GAZ Group, Russia's leading automobile manufacturer.
Advising Credit Suisse, as coordinator and mandated lead arranger, on a US$675 million project financing to Rosneftbunker in connection with the construction and development of an oil product terminal in the Ust-Luga port, located along the Gulf of Finland. The terminal, wholly owned by Gunvor Group, is expected to become one of the world's largest oil product terminals that transports cargo by rail.