“He has deep knowledge and broad expertise”
Chambers Asia-Pacific 2023 (Corporate &Finance)
Semion Issyk is a Local Partner of Capital Markets Practice Group in Astana office.
He has a wide experience in banking, debt finance and equity and debt capital markets matters. He advises banks, investment funds, creditors, government, national companies, international and domestic clients on finance, equity and debt related transactions.
Prior to joining White & Case, Semion has worked as a Partner at two leading law firms in Kazakhstan.
IPO of KazMunayGas, a leading national oil and gas company
Representation of National Company KazMunayGas JSC, a leading national oil and gas company, and Samruk-Kazyna, Kazakhstan's national welfare fund as the selling shareholder on the IPO of c. 18.3 million ordinary shares of KMG owned by Samruk-Kazyna on the Kazakhstan Exchanges (AIX and the Kazakhstan Stock Exchange). This is the first IPO on the AIX to be based on the prospectus prepared exclusively in accordance with the AIX regulations (all prior equity offerings on AIX followed a "dual listing" model where the AIX accepted prospectuses prepared in accordance with the regulations of exchanges the AIX recognizes as equivalent).
The very first in history issue by the Sovereign Welfare Fund Samruk Kazyna*
Representation of Sovereign Welfare Fund Samruk Kazyna in connection with its debut offering of US$500 million euronotes.
One of the largest Kazakhstani IPOs on the London Stock Exchange and the first IPO on the Astana International Exchange*
Representation of the Samruk-Kazyna JSC as a selling shareholder and NAC Kazatomprom JSC, in connection with US$3 billion dual LSE/AIX listing of the GDRs and shares of NAC Kazatomprom JSC, one of the largest Kazakhstani IPOs on the London Stock Exchange (LSE), and the first IPO on the Astana International Exchange (AIX).
US$10 billion MTN Programme of the Republic of Kazakhstan*
Representation of the Ministry of Finance of the RoK, in connection with the update of its US$10 billion Global Medium Term Note Programme and the first Euro-denominated issuances thereunder: €525 million Notes due 2023 and €525 million Notes due 2028, the first bonds offering on the AIX.
US$3 billion MTN Programme and KZT100 billion euronotes of the Development Bank of Kazakhstan*
Representation of MUFG Securities EMEA plc, Société Générale, VTB Capital plc and Kazkommerts Securities JSC as lead managers and Deutsche Trustee Company Limited as trustee in connection with U.S.$ 3 billion MTN Programme update and second Tenge-denominated issue of KZT100 billion euronotes thereunder by Development Bank of Kazakhstan.
US$725 million senior euronotes of Nostrum Oil & Gas Finance B.V.*
Representation of Banca IMI, Bank of China, Citigroup, Deutsche Bank, FirstEnergy Capital, Mirabaud Securities, MUFG Securities EMEA, Numis Securities and VTB Capital in connection with issue by Nostrum Oil & Gas Finance B.V. of US$725 million senior euronotes (Reg S/144A) guaranteed by, among others, Zhaikmunai LLP and tender offer for previous issues of the same Issuer.
Programme documents of Sukuk Commodity Murabahah*
Representation of Development Bank of Kazakhstan as the issuer in connection with amendments to the Programme documents related to Sukuk Commodity Murabahah in the amount of 1.5 billion Malaysian Ringgit.
US$10.5 billion GMTN Programme of the national oil company*
Representation of Citigroup and UBS as solicitation agents and Citicorp Trustee Company as trustee in connection with consent solicitation with regard to the outstanding notes issued under the US$10.5 billion Global Medium Term Note Programme established by JSC NC KazMunayGas and KazMunaiGaz Finance Sub B.V.
Representation of BNP Paribas and other banks in the syndicate in connection with US$600 million financing for Zhaikmunai LLP subsoil projects.
Representation of BNP Paribas in connection with various financing projects for Food Corporation, AIC Invest, South Oil, Som Petrol and other companies with approximate total value up to US$500 million.
Representation of Bank of China Limited in connection with US$450 million financing for En-Gin subsoil projects.
Representation of Nidera Handelscompagnie B.V. and Vitalmar Kazakhstan in connection with the US$800 million financing by Rabobank and other banks in the syndicate.
Representation of Bank of America, N.A. in connection with US$14 million financing for Kazagrofinance JSC.
*Experience prior to joining White & Case
Ranked Band 2 for Corporate & Finance, Asia-Pacific 2023
Ranked Band 3 for Corporate & Finance, Chambers Global 2022
Highly regarded for Banking and Capital Markets (Debt) in the IFLR1000 2022