DOCSLIB.ORG

Prospectus Brochure of the Bond 4 Finance S.A XS1597294781 En

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Prospectus Brochure of the Bond 4 Finance S.A XS1597294781 En http://www.oblible.com IMPORTANT NOTICE THIS OFFERING IS AVAILABLE ONLY TO INVESTORS WHO ARE EITHER (1) QUALIFIED INSTITUTIONAL BUYERS WITHIN THE MEANING OF RULE 144A UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE ‘‘U.S. SECURITIES ACT’’) OR (2) NON-U.S. PERSONS OUTSIDE OF THE UNITED STATES IN ACCORDANCE WITH REGULATION S UNDER THE U.S. SECURITIES ACT (AND, IF INVESTORS ARE RESIDENT IN A MEMBER STATE OF THE EUROPEAN ECONOMIC AREA, A QUALIFIED INVESTOR). IMPORTANT: You must read the following disclaimer before continuing. The following disclaimer applies to the attached offering memorandum (the “Offering Memorandum”), and you are therefore advised to read this disclaimer page carefully before reading, accessing or making any other use of the attached Offering Memorandum. In accessing the attached Offering Memorandum, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information from us as a result of such access. NOTHING IN THIS ELECTRONIC TRANSMISSION CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. THE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE U.S. SECURITIES ACT OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR OTHER JURISDICTION AND THE SECURITIES MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT) EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT AND APPLICABLE STATE OR LOCAL SECURITIES LAWS. THE FOLLOWING OFFERING MEMORANDUM MAY NOT BE FORWARDED OR DISTRIBUTED TO ANY OTHER PERSON AND MAY NOT BE REPRODUCED IN ANY MANNER WHATSOEVER. ANY FORWARDING, DISTRIBUTION OR REPRODUCTION OF THIS DOCUMENT IN WHOLE OR IN PART IS UNAUTHORIZED. FAILURE TO COMPLY WITH THIS DIRECTIVE MAY RESULT IN A VIOLATION OF THE U.S. SECURITIES ACT OR THE APPLICABLE LAWS OF OTHER JURISDICTIONS. Confirmation of your representation: In order to be eligible to view this Offering Memorandum or make an investment decision with respect to the securities, you must: (i) not be a U.S. person (as defined in Regulation S under the U.S. Securities Act), and be outside the United States; or (ii) be a qualified institutional buyer (as defined in Rule 144A under the U.S. Securities Act), provided that investors resident in a Member State of the European Economic Area must be “qualified investors” (within the meaning of Article 2(1)(e) of Directive 2003/71/EC and any relevant implementing measure in each Member State of the European Economic Area). You have been sent the attached Offering Memorandum on the basis that you have confirmed to the lead manager set forth in the attached Offering Memorandum (the “Lead Manager” and the co-manager set forth in the attached Offering Memorandum (the “Co-Manager”)), being the sender or senders of the attached, that either: (A)(i) you and any customers you represent are not U.S. persons; and (ii) the e-mail address to which this Offering Memorandum has been delivered is not located in the United States, its territories and possessions, any state of the United States or the District of Columbia; “possessions” include Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands; or (B) you and any customers you represent are qualified institutional buyers and, in either case, that you consent to delivery by electronic transmission. This Offering Memorandum has been sent to you in electronic form. You are reminded that documents transmitted via this medium may be altered or changed during the process of transmission and, consequently, none of the Lead Manager, the Co-Manager, any person who controls the Lead Manager or the Co-Manager, 4finance S.A. (the “Issuer”), 4finance Holding S.A. (“Holdco”) or any of its direct or indirect subsidiaries, or any director, officer, employer, employee or agent of theirs, or affiliate of any such person, accepts any liability or responsibility whatsoever in respect of any difference between the Offering Memorandum distributed to you in electronic format and the hard copy version available to you on request from the Lead Manager or the Co- Manager. You are reminded that the attached Offering Memorandum has been delivered to you on the basis that you are a person into whose possession this Offering Memorandum may be lawfully delivered in accordance with the laws of the jurisdiction in which you are located and you may not nor are you authorized to deliver this Offering Memorandum to any other person. You may not transmit the attached Offering Memorandum (or any copy of it or part thereof) or disclose, whether orally or in writing, any of its contents to any other person except with the consent of the Lead Manager or the Co-Manager. If you receive this document by e-mail, you should not reply by e-mail to this announcement. Any reply e-mail communications, including those you generate by using the http://www.oblible.com “Reply” function on your e-mail software, will be ignored or rejected. If you receive this document by e-mail, your use of this e-mail is at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. The materials relating to this offering do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If a jurisdiction requires that the offering be made by a licensed broker or dealer and the Lead Manager or the Co-Manager or any affiliate of the Lead Manager or the Co-Manager is a licensed broker or dealer in that jurisdiction, the offering shall be deemed to be made by the Initial Purchaser or such affiliate on behalf of the Issuer in such jurisdiction. Restrictions: The attached document is in draft form and is being furnished in connection with an offering exempt from registration under the U.S. Securities Act. Nothing in this electronic transmission constitutes an offer of securities for sale in the United States or to any U.S. person. You are reminded that the information in the attached document is in draft form, is not complete and may be changed. An investment decision should only be made on the basis of the final Offering Memorandum. Any securities to be issued will not be registered under the U.S. Securities Act or the securities laws of any other jurisdiction and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as such terms are defined in Regulation S under the U.S. Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. The attached Offering Memorandum is not a prospectus for the purposes of the European Union’s Directive 2003/71/EC (and any amendments thereto) as implemented in member states of the European Economic Area (the “EU Prospectus Directive”). The attached Offering Memorandum has been prepared on the basis that all offers of the securities described herein made to persons in the European Economic Area will be made pursuant to an exemption under the EU Prospectus Directive from the requirement to produce a prospectus in connection with offers of the securities. In the United Kingdom, this document is being distributed only to and is directed only at: (a) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), (b) high net worth entities falling within Article 49(2) of the Order and (c) any other persons to whom it may otherwise lawfully be communicated (all such persons together being referred to as “relevant persons”). This Offering Memorandum is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this Offering Memorandum relates is available only to relevant persons and will be engaged in only with relevant persons. Any person who is not a relevant person should not act or rely on this Offering Memorandum or any of its contents. In connection with the offering, the Lead Manager and the Co-Manager are not acting for anyone other than the Issuer and will not be responsible to anyone other than the Issuer for providing the protections afforded to their clients nor for providing advice in relation the offering. 4finance S.A. USD 325,000,000 10.75% Senior Notes due 2022 Issue Price: 100% plus accrued interest, if any, from the Issue Date. 4finance S.A. (the “Issuer”), a public limited liability company (société anonyme) incorporated and existing under the laws of the Grand Duchy of Luxembourg (“Luxembourg”), is offering USD 325 million aggregate principal amount of its 10.75% Senior Notes due 2022 (the “Notes,” and such offering, the “Offering”). The Issuer will pay interest on the Notes semi-annually in arrears on May 1, and November 1, of each year commencing on November 1, 2017. Unless previously redeemed or repurchased and cancelled as described under “Description of Notes,” the Notes will mature on May 1, 2022 (the “Maturity Date”). The Notes constitute senior unsecured obligations of the Issuer and will rank pari passu in right of payment to all of the Issuer’s existing and future unsecured indebtedness and senior to all of the Issuer’s subordinated indebtedness, if any.
Load more

Recommended publications
  • Studia Politica 1 2016
    www.ssoar.info Republic of Moldova: the year 2015 in politics Goșu, Armand Veröffentlichungsversion / Published Version Zeitschriftenartikel / journal article Empfohlene Zitierung / Suggested Citation: Goșu, A. (2016). Republic of Moldova: the year 2015 in politics. Studia Politica: Romanian Political Science Review, 16(1), 21-51. https://nbn-resolving.org/urn:nbn:de:0168-ssoar-51666-3 Nutzungsbedingungen: Terms of use: Dieser Text wird unter einer CC BY-NC-ND Lizenz This document is made available under a CC BY-NC-ND Licence (Namensnennung-Nicht-kommerziell-Keine Bearbeitung) zur (Attribution-Non Comercial-NoDerivatives). For more Information Verfügung gestellt. Nähere Auskünfte zu den CC-Lizenzen finden see: Sie hier: https://creativecommons.org/licenses/by-nc-nd/4.0 https://creativecommons.org/licenses/by-nc-nd/4.0/deed.de Republic of Moldova The Year 2015 in Politics ARMAND GO ȘU Nothing will be the same from now on. 2015 is not only a lost, failed year, it is a loop in which Moldova is stuck without hope. It is the year of the “theft of the century”, the defrauding of three banks, the Savings Bank, Unibank, and the Social Bank, a theft totaling one billion dollars, under the benevolent gaze of the National Bank, the Ministry of Finance, the General Prosecutor's Office, the National Anti-Corruption Council, and the Security and Intelligence Service (SIS). 2015 was the year when controversial oligarch Vlad Plakhotniuk became Moldova's international brand, identified by more and more chancelleries as a source of evil 1. But 2015 is also the year of budding hope that civil society is awakening, that the political scene is evolving not only for the worse, but for the better too, that in the public square untarnished personalities would appear, new and charismatic figures around which one could build an alternative to the present political parties.
    [Show full text]
  • AS 4Finance US$ 170.0 Million 13.0 Per Cent. Senior Notes Due 2015
    NOT FOR GENERAL DISTRIBUTION IN THE UNITED STATES LISTING PARTICULARS AS 4finance (joint stock company incorporated in Latvia) US$ 170.0 million 13.0 per cent. Senior Notes due 2015 Guaranteed on a senior basis by certain of its subsidiaries Issue Price: 100.0 per cent. AS 4finance (the “Issuer”) is issuing US$ 170.0 million 13.0 per cent. senior notes due 2015 (the “Notes”) (the “Offering”). Interest on the Notes will accrue from 31 July 2013 at a rate of 13.0 per cent. per annum on the outstanding principal amount of the Notes and will be payable quarterly in arrear on 31 October, 31 January, 30 April and 31 July in each year, beginning on 31 October 2013. Unless previously redeemed or repurchased and cancelled as described under “Terms and Conditions of the Notes”, the Notes will mature on 31 January 2015 (the “Maturity Date”). The Notes constitute direct, general, unconditional, unsubordinated and (subject to Condition 5 (Negative Pledge and Other Covenants)) unsecured obligations of the Issuer. The due and punctual payment of all amounts due at any time on or in respect of the Notes will be unconditionally and irrevocably guaranteed on a joint and several basis (each, a “Guarantee” and together, the “Guarantees”) by certain of the subsidiaries of the Issuer (each, a “Guarantor” and together, the “Guarantors”). The Notes will at all times rank pari passu in right of payment with all other present and future unsecured obligations of the Issuer and senior to all its existing and future subordinated debt. The Guarantees will rank pari passu with all of the Guarantors’ existing and future unsecured senior debt, and senior to all of their existing or future subordinated debt.
    [Show full text]
  • Occupied Donbas. Elections
    #6 (100) June 2016 Two years of Petro Poroshenko's Clean-up of Ukraine's banking Kazimir Malevich presidency sector: painful, efficient and avant-garde in the 1920s' Kyiv OCCUPIED DONBAS. ELECTIONS WWW.UKRAINIANWEEK.COM Featuring selected content from The Economist FOR FREE DISTRIBUTION CONTENTS | 3 BRIEFING NEIGHBOURS 5 Black books and bought elections: 32 Ivanna Klympush-Tsyntsadze: “We The Party of Regions’ inventory of do not accept arguments of countries bribes and legitimacy of its victory that try to raise the issue of lifting in 2012 election sanctions against Russia” POLITICS Vice-Premier for European and Euro- 7 The fine art of compromise: Atlantic Integration on her priorities The president’s powers after two in office years in office 36 Misplaced charity: What hampers 10 Bouillabaisse de president: the efficiency of international aid Who makes decisions in Petro 38 Philippe de Lara on what the Russia Poroshenko’s circle sanctions resolution of the Senate 12 Andriy Levus: “Ukraine should expect tells about French politicians another radical change“ SOCIETY Head of the VR Public Safety 40 The new left front: How Russia is Subcommittee on how government developing agents of influence in offices are changing and chances of Ukraine through a “reset” with leftist the new political class parties and organizations FOCUS 42 Crimean Muslims at the crossroads: 16 Through the looking glass: The crazy What shape will Islam take world of Minsk How Ukrainian in occupied Crimea? politicians see the likelihood of CULTURE & ART elections in
    [Show full text]
  • When Governments Break Contracts: Foreign Firms in Emerging Economies
    When Governments Break Contracts: Foreign Firms in Emerging Economies by Rachel L. Wellhausen M.Sc. European Political Economy: Transition London School of Economics and Political Science, 2005 B.A. Economics B.A. English B.A. Interdisciplinary Studies University of Arizona, 2004 Submitted to the Department of Political Science in partial fulfillment of the requirements for the degree of Doctor of Philosophy at the Massachusetts Institute of Technology June 2012 Copyright 2012 Rachel L. Wellhausen. All rights reserved. The author hereby grants to MIT permission to reproduce and to distribute publicly paper and electronic copies of this thesis document in whole or in part in any medium now known or hereafter created. Signature of Author………………………………………………………………………………………………………….. Department of Political Science April 18, 2012 Certified by: …………………………………………………………………………………………………………………….. Suzanne Berger Raphael Dorman-Helen Starbuck Professor of Political Science Thesis Supervisor Accepted by: ……………………………………………………………………………………………………………………. Roger Petersen Arthur and Ruth Sloan Professor of Political Science Chair, Graduate Program Committee 2 When Governments Break Contracts: Foreign Firms in Emerging Economies by Rachel L. Wellhausen Submitted to the Department of Political Science on April 18, 2012 in partial fulfillment of the requirements for the Degree of Doctor of Philosophy in Political Science ABSTRACT Emerging economy governments commit to protect the property rights of foreign firms through a variety of contracts, from treaties to direct agreements. In an era of liberalized capital flows, these contracts are thought to be self-enforcing: the fear of capital exit compels governments to honor their obligations. But extraordinary variation in contract sanctity in countries around the world suggests the inadequacy of this view. This dissertation seeks to explain the varying pressures on emerging economy governments to honor or break contracts with foreign firms.
    [Show full text]
  • Prospectus Brochure of the Bond 4 Finance
    Prospectus dated 5 August 2016 http://www.oblible.com 4finance S.A. Luxembourg Listing Prospectus EUR 100,000,000.00 11.25 % Senior Notes 2016/2021 (the “Notes”) with a Term from 23 May 2016 until 22 May 2021 of 5 August 2016 International Securities Identification Number (ISIN): XS1417876163 German Securities Identification Number (Wertpapierkennnummer WKN): A181ZP Common Code: 141787616 4finance S.A. (the "Issuer"), a public limited liability company (Société Anonyme) incorporated and existing under the laws of the Grand Duchy of Luxembourg has issued EUR 100,000,000.00 aggregate principal amount of its 11.25% Notes due 2021. The Notes constitute direct, general, unconditional, unsubordinated and unsecured obligations of the Issuer. The Notes will at all times rank pari passu in right of payment with all other present and future unsecured obli- gations of the Issuer and senior to all its existing and future subordinated debt. The Notes are unconditionally and irrevocably guaranteed on a joint and several basis by 4finance Holding S.A. ("Holdco"), the Issuers indi- rect parent company, and by certain other direct and indirect subsidiaries of Holdco, including the Issuer’s di- rect parent company (the "Subsidiary Guarantors" and together with Holdco the "Guarantors" and each a "Guarantor" under the terms and conditions set forth herein (collectively the "Guarantees" and each a "Guar- antee"). This document (the “Prospectus”) constitutes a prospectus pursuant to Article 5 para. 3 of the Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 on the prospectus to be pub- lished when securities are offered to the public or admitted to trading as amended by the Directive 2010/73/EC of the European Parliament and of the Council for the purpose of a public offering of the Notes in the Grand Duchy of Luxembourg and the Federal Republic of Germany.
    [Show full text]
  • Countering a Resurgent Russia Hearing Committee
    COUNTERING A RESURGENT RUSSIA HEARING BEFORE THE COMMITTEE ON FOREIGN AFFAIRS HOUSE OF REPRESENTATIVES ONE HUNDRED SIXTEENTH CONGRESS FIRST SESSION May 1, 2019 Serial No. 116–31 Printed for the use of the Committee on Foreign Affairs ( Available: http://www.foreignaffairs.house.gov/, http://docs.house.gov, or http://www.govinfo.gov U.S. GOVERNMENT PUBLISHING OFFICE 36–135PDF WASHINGTON : 2019 COMMITTEE ON FOREIGN AFFAIRS ELIOT L. ENGEL, New York, Chairman BRAD SHERMAN, California MICHAEL T. MCCAUL, Texas, Ranking GREGORY W. MEEKS, New York Member ALBIO SIRES, New Jersey CHRISTOPHER H. SMITH, New Jersey GERALD E. CONNOLLY, Virginia STEVE CHABOT, Ohio THEODORE E. DEUTCH, Florida JOE WILSON, South Carolina KAREN BASS, California SCOTT PERRY, Pennsylvania WILLIAM KEATING, Massachusetts TED S. YOHO, Florida DAVID CICILLINE, Rhode Island ADAM KINZINGER, Illinois AMI BERA, California LEE ZELDIN, New York JOAQUIN CASTRO, Texas JIM SENSENBRENNER, Wisconsin DINA TITUS, Nevada ANN WAGNER, Missouri ADRIANO ESPAILLAT, New York BRIAN MAST, Florida TED LIEU, California FRANCIS ROONEY, Florida SUSAN WILD, Pennsylvania BRIAN FITZPATRICK, Pennsylvania DEAN PHILLIPS, Minnesota JOHN CURTIS, Utah ILHAN OMAR, Minnesota KEN BUCK, Colorado COLIN ALLRED, Texas RON WRIGHT, Texas ANDY LEVIN, Michigan GUY RESCHENTHALER, Pennsylvania ABIGAIL SPANBERGER, Virginia TIM BURCHETT, Tennessee CHRISSY HOULAHAN, Pennsylvania GREG PENCE, Indiana TOM MALINOWSKI, New Jersey STEVE WATKINS, Kansas DAVID TRONE, Maryland MIKE GUEST, Mississippi JIM COSTA, California JUAN VARGAS, California VICENTE GONZALEZ, Texas JASON STEINBAUM, Staff Director BRENDAN SHIELDS, Republican Staff Director (II) C O N T E N T S Page WITNESSES Nuland, Ambassador Victoria, Nonresident Senior Fellow, Foreign Policy, Center on the United States and Europe, Brookings Institution, and Former Assistant Secretary of State for European and Eurasian Affairs and Former United States Permanent Representative to NATO ........................................
    [Show full text]
  • Download the PDF Private Fintech As a Tool for Sustainable Business
    Private FinTech as a tool for sustainable business development in Russia and Kazakhstan FinTech Market Trends Deloitte CIS Research Center, 2018 FinTech Market Trends 2018 Contents 01 Foreword 02 Key findings Overview of the FinTech 03 market Foreword 03 Overview of Kazakhstan’s FinTech market 81 Overview of Russia’s FinTech 01 05 04 The FinTech market in figures 82 market The current situation in Kazakhstan’s FinTech market 83 Overview of Kazakhstan’s 05 02 Key findings 06 FinTech market stakeholder map 87 FinTech market Supply in the FinTech market 95 Demand in the FinTech market 97 06 Appendix 03 Overview of the FinTech market 20 Barriers for development of Kazakhstan’s FinTech market 101 The FinTech market geography 21 Drivers for development of Kazakhstan’s FinTech market 102 07 Contacts Comparison of regional FinTech markets 22 Kazakhstan’s FinTech market outlook until 2020 103 FinTech’s contribution to sustainable development 27 FinTech’s contribution to achievement of the SDGs globally 29 FinTech market outlook until 2020 30 06 Appendix 107 04 Overview of Russia’s FinTech market 31 07 Contacts 120 The FinTech market in figures 32 The current situation in Russia’s FinTech market 33 FinTech market stakeholder map 42 Supply in the FinTech market 53 Demand in the FinTech market 62 Barriers for development of Russia’s FinTech market 68 Drivers for development of Russia’s FinTech market 71 Russian FinTech market outlook until 2020 74 02 FinTech Market Trends 2018 Foreword 01 Foreword 02 Key findings Overview of the FinTech 03 market Finance technologies (FinTech) are among and e-transfers.
    [Show full text]
  • ÖÖ Devoted to Yörük* Ali
    2.-.£)ÖÖ Devoted to Yörük* Ali * My father is called Yörük Ali in Alanya.Yörük means nomad. Before he was married to my mother, he used to be a nomad in the Taurus mountains. Thanks to my dear father for his endless devotion to my education. BILKENT UNIVERSITY INSTITUTE OF ECONOMIC AND SOCIAL SCIENCES THE RUSSIAN ECONOMIC TRANSFORMATION IN THE EARLY 1990s AND SOME ASSESSMENTS IN THE WEST BY ÖMER KOCAMAN A THESIS SUBMITTED TO THE DEPARTMENT OF INTERNATIONAL RELATIONS IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF INTERNATIONAL RELATIONS SEPTEMBER 2000 ANKARA '¿Г), и. ■ KCl ІО о о βί'·532ί>7 Approved by the Institute of Economic and Sociai Sciences I certify that I have read this thesis and have found that it is fully adequate, in scope and quality, as a thesis for the degree of Master of International Relations. (Thesis Supervisor) Prof. Norman Stone I certify that I have read this thesis and have found that it is fully adequate, in scope and quality, as a thesis for the degree of Master ol International Relations. Prof. Duygu Sezer ■.-/.'i. y · / I certify that I have read this thesis and have found that it is fully adequate, in scope and quality, as a thesis for the degree of Master of International Relations. Prof, ilber Ortaylı ABSTRACT The Russian economic transformation is a fascinating story on many grounds. When the Soviet Union disintegrated at the end 1991, the new question pervaded the West was how to integrate the post-communist Russia into the international community, politically and economically.
    [Show full text]
  • Russian Billionaires List
    Russian Billionaires List Net Russia World Name Citizenship worth Source of wealth Rank Rank (USD) 1 46 Leonid Mikhelson Russia 22 billion gas, chemicals 17.5 2 51 Alexey Mordashov Russia steel, investments billion 16.1 3 57 Vladimir Lisin Russia steel, transport billion Russia Gennady 16.0 4 59 Finland oil, gas Timchenko billion Armenia 14.7 5 66 Alisher Usmanov Russia steel, telecom, investments billion 14.5 6 74 Vagit Alekperov Russia oil billion Russia 14.4 7 75 Mikhail Fridman Israel oil, banking, telecom billion Ukraine 14.3 8 77 Vladimir Potanin Russia metals billion Andrey 12.8 9 89 coal, fertilizers Russia Melnichenko billion 12.4 10 100 Viktor Vekselberg Russia metals, energy billion Russia 11.5 11 139 Roman Abramovich steel, investments Israel billion Net Russia World Name Citizenship worth Source of wealth Rank Rank (USD) Russia 12 138 German Khan Israel 9.3 billion oil, banking Ukraine 13 145 Mikhail Prokhorov Russia 8.9 billion investments 14 156 Viktor Rashnikov Russia 8.3 billion steel 15 190 Dmitry Rybolovlev Russia 7.4 billion fertilizer 16 194 Alexei Kuzmichev Russia 7.2 billion oil, banking, telecom 17 201 Andrei Skoch Russia 6.9 billion steel 18 202 Sergey Galitsky Russia 6.9 billion retail Iskander 19 219 6.5 billion mining, metals, machinery Russia Makhmudov 20 226 Leonid Fedun Russia 6.3 billion oil 21 226 Mikhail Gutseriyev Russia 6.3 billion oil, real estate 22 226 Suleyman Kerimov Russia 6.3 billion investments 23 315 Oleg Deripaska Russia 5.1 billion aluminum, utilities 24 359 Pyotr Aven Russia 4.6 billion
    [Show full text]
  • The State of Fintech in Europe 2021
    INTRODUCTION On behalf of the Tech.eu team, and our partner Finstar, our gratitude for downloading and reading our report on the State of European Fintech in 2021, which is based on analysis of data we’ve collected and vetted on the high-growth sector from the start of 2017 until the end of the second quarter of 2020 (to account for re- porting lag and allow us to take a deep dive). 2020 was a year that will undoubtedly be remembered as the year of the coronavirus pandemic, which to this day is wreaking havoc on businesses - even entire economies - across the world. The technology industry held its collective breath when the COVID-19 pandemic hit last year, but apart from some obviously hard-hit sectors such as travel and tourism (and some less visible effects like the mounting pressure on scores of early-stage tech startups that were still looking for the holy product-market-fit), it con- tinues to grow and thrive across the glove. In Europe, things are no different, and the fintech sector continues to be one of the most important areas of innovation across the continent, particularly in big countries like the UK, Germany and France. At Tech.eu, we meticulously keep track of technology startup and scale-up funding rounds, M&A transactions, IPOs, partnerships, active investors and more, and we have a particular interest in keeping track of the fintech scene as one of the most prominent fields of growth and technological innovation in Europe. In this report, we present you with the most relevant numbers coupled with analysis needed to understand who and what is driving European fintech’s ongoing maturation.
    [Show full text]
  • UNCLASSIFIED Report to Congress Pursuant to Section 241 of The
    UNCLASSIFIED Report to Congress Pursuant to Section 241 of the Countering America's Adversaries Through Sanctions Act of 2017 Regarding Senior Foreign Political Figures and Oligarchs in the Russian Federation and Russian Parastatal Entities January 29, 2018 Section 241 of the Countering America's Adversaries Through Sanctions Act of 2017 (CAA TSA) requires the Secretary of the Treasury, in consultation with the Director of National Intelligence and the Secretary of State, to submit to the appropriate congressional committees 180 days after enactment a detailed report on senior political figures and oligarchs in the Russian Federation (Section 241 (a)(l )) and on Russian parastatal entities (Section 241 (a)(2)). Pursuant to Section 241(b), the report shall be submitted in an unclassified form but may have a classified annex. This is the unclassified portion of the report Section 24l(a)(1) - Senior Foreign Political Figures and Oligarchs in the Russian Federation As required by Section 241 (a)( l)(A) of CAATSA, the Department of the Treasury is providing in this unclassified report a list of senior foreign political figures and oligarchs in the Russian Federation, as determined by their closeness to the Russian regime and their net worth. For purposes of this unclassified portion of the report, this determination was made based on objective criteria related to individuals' official position in the case of senior political figures, or a net worth of $1 billion or more for oligarchs. To determine the list of senior political figures, the Department of the Treasury considered the definition in CAATSA Section 241(c)(2), which incorporates by reference the definition of "senior foreign political figure" in section 1010.605, title 31 of the Code of Federal Regulations.
    [Show full text]
  • Here Are of Course Dozens So Ok
    Year 8, Issue 5 CEE June 2021 Legal Matters In-Depth Analysis of the News and Newsmakers That Shape Europe’s Emerging Legal Markets Editorial by Boris Savoric of Savoric & Partners Across the Wire: Deals and Cases in CEE Featured Deals On the Move: New Firms and Practices A Firm Grasp on the Subject A Year Unlike Any Other: The 2020 CEE Legal Matters Deals of the Year Award Winners The Corner Office: Childhood Dreams Market Spotlight: Romania Guest Editorial by Mihaela Bondoc of Bondoc si Asociatii Expat on the Market: Interview with Gianluca Carlesso of the Carlesso Law Firm Romania Rebounding: A CEELM Round Table Market Spotlight: Moldova Guest Editorial by Roger Gladei of Gladei & Partners Inside Out: Fintur’s Sale of Moldcell to CG Cell Technologies The Wood Anniversary – Five Years of BizLaw.md Experts Review: Life Sciences/Pharma DEALER’S CHOICE LAW FIRM SUMMIT & 2021 CEE DEAL OF THE YEAR AWARDS SAVE THE DATE SEPTEMBER 16, 2021, LONDON DEALER’S CHOICE CO-HOSTED BY: SPONSORED BY: REGIONAL SPONSOR BULGARIA SPONSOR CROATIA SPONSOR HUNGARY SPONSOR POLAND SPONSOR ROMANIA SPONSOR TURKEY SPONSOR UKRAINE SPONSOR doty.ceelegalmatters.com PRELIMINARY MATTERS JUNE 2021 EDITORIAL: TIME TO GO By David Stuckey With this issue of the CEE Legal Matters magazine I conclude and Key Account Managers Zvikom- my day-to-day connection to the company I co-founded seven borero Galufu and Emma Oreg are and a half years, some 80 issues of the CEE Legal Matters super-strong and effective. I’ll miss magazine, untold thousands of articles on the CEELM web- working with you guys.
    [Show full text]