BANKING & FINANCE GRATA Law Firm's Banking & Finance Department is a leading legal counsel in the area of capital markets, project finance and infrastructure projects development and financial transactions in Central Asia and in Kazakhstan in particular. Rapidly growing, GRATA's Banking & Finance Department currently comprises over 10 local lawyers, almost all with second law degrees from the UK, USA or other leading western universities, the majority being based in Almaty (Kazakhstan) and others based in our Baku (Azerbaijan), It has particular Bishkek (Kyrgyzstan), Tashkent (Uzbekistan) and Ulaanbaatar strength in banking ” (Mongolia) offices. and finance, especial- ly project finance and Our aim is to become a leading finance practice in the legal market of Central Asia. This means that GRATA's Banking corporate finance. & Finance Group aims to set the standard for legal support ” in capital markets and in general for the finance sector, to Chambers Asia Pacific, 2013 online monitor the needs of our clients and to provide them with individualized legal solutions in order to help them carve out a leading market niche. The ability to provide legal services which offer value for money and our understanding of the local cultures of Central Asia are some of our strengths. We are proud that our clients, the largest local and international banks and companies from different industry sectors, have trusted GRATA's knowledge and expertise for more than 20 years now. GRATA's Banking & Finance Department has established effective cooperation with the financial regulators across Central Asia and the Caucasus and also with local and international stock exchanges, investment banks, international law firms and consultants, which allows us to provide our clients with the best-in-class solutions for their needs. Banking & Finance OUR SERVICES • Aircaft, Maritime and Railcar Finance & Leasing; Clients say: • Bank and Сorporate Lending; They have been great. • Banking & Insurance Disputes; ” We've had a uniformly • Bond Offerings; good experience with the • Derivatives; team. ” • Financial Services Regulation; Chambers Asia Pacific, 2013 • Foreign Direct Investments; • Mergers & Acquisitions; • Debt Restructuring & Insolvency; • Initial and Secondary Public Offerings; • Insurance; • Islamic Fnance; • Project Finance & PPP; • Securitization. BELOW WE LIST SOME OF THE RECENT PROJECTS HANDLED BY OUR BANKING AND FINANCE LAWYERS BANK OF CHINA (HONK KONG) EUROPEAN BANK FOR RECONSTRUC- CHINA DEVELOPMENT BANK (CDB) LIMITED TION AND DEVELOPMENT (EBRD) Advising Bank of China Advised EBRD on USD 15 Advising CDB on a USD 1.8 (Honk Kong) Limited on a million financing of two billion syndicated secured loan USD 7.5 billion syndicated Kazakh gold-mining companies facility to Beineu - Shymkent secured loan facility to Asia wishing to acquire new mining Gas Pipeline LLP (controlled 50- Gas Pipeline LLP to finance machinery. 50 by KazTransGas and CNPC) a gas pipeline project in to finance a gas pipeline project Kazakhstan. Advised EBRD on taking col- in Kazakhstan. lateral over Centerra Gold mining company assets in Advising CDB on a USD 4.7 Kyrgyzstan securing the loan billion syndicated secured loan The firm is a strong of USD 100 million. facility to Asia Gas Pipeline LLP ” choice to partner inter- to finance a gas pipeline project national firms engaged in Acting for EBRD on a series in Kazakhstan. of large private sector invest- high profile deals in the Advising CDB on a USD 12 ment projects in Uzbekistan region. million secured loan to Full Gold and Turkmenistan. ” mining company in Kyrgyzstan. IFLR 1000, 2013 Advising EBRD on private Advising CDB in connection sector debt restructuring in with USD 3.5 billion syndicated Uzbekistan. secured loan transaction under the Central Asian Gas Pipeline project in Uzbekistan (the «Best Project Finance Deal of the Year» by the ALB Law Awards 2009). Banking & Finance We needed a firm with ” a high degree of experi- RBS AND SBERBANK CIB BNPP, CITI, HSBC, VTB CAPITAL ence in Kazakhstan and we thought they were Advised RBS and Sberbank Advised BNP Paribas, the most capable of the CIB as Arrangers and Dealers Citigroup Global Markets Limited, HSBC Bank, VTB firms looked at, on the USD 500 million drawdown under USD 680 Capital as Managers on USD - one client says. ” million Global Medium Term 3.5 billion Euro Medium Note Programme of JSC Term Note Programme of IFLR 1000, 2013 Samruk-Energo. Eurasian Development Bank. SBERBANK OF RUSSIAN ISLAMIC DEVELOPMENT BANK (IDB) US EXPORT-IMPORT BANK Advised Sberbank, the largest Advising an Islamic Advised US Export-Import Russian bank, on its USD Development Bank on a Bank on secured loan to 2 billion debt facility to number of bank-to-bank Lokomotiv JSC, a subsidiary of Eurasian Natural Resources loans to major Tajik financial Kazakh national rail company, Corporation plc, secured by institutions to support small to renew locomotives park. guarantees issued by Kazakh and medium enterprises. subsidiaries of ENRC. BARCLAYSBANK PLC AZERBAIJAN AIRLINES Advising Barclays on Advising a Canadian financial regulatory issues relating lease company with regard to entering into derivatives to leasing 4 aircrafts to Client says: transactions with the Central Azerbaijan Airlines. They were really terrific, Bank of Uzbekistan. ” adding value and understanding the issues we needed. They were a delight to work with. ” SAMARA CABLE COMPANY EURASIAN DEVELOPMENT BANK (EABR) IFLR 1000, 2013 Structuring and implementing Advised EABR on USD 30 stock purchase transaction for million financing of Electric a group of Russian investors Stations, a major Kyrgyz in Uzbekistan. electricity company. Banking & Finance BNP PARIBAS SAMSUNG C&T EUROCHEM Advised BNP Paribas on a Advised Samsung C&T and Advised EuroChem, Russia's secured USD 100 million KEPCO on their investments largest mineral fertilizer syndicated facility to in the Balkhash Power Plant producer on its investment Eastcomtrans LLP, a large (debut Independent Power in the Chemical Producing Kazakh transport company, Producer project in Kazakhstan Plant in South Kazakhstan to purchase rolling stock. with total value USD 4 bn.) (USD 2 bn. total value where GRATA, among other infrastructure project) where things, drafted and negotiated GRATA, among other things, with the Government of drafted and negotiated Kazakhstan an unprecedented with the Government of international treaty between Kazakhstan unprecedented The firm's highlight Kazakhstan and South Korea host government agreement ” practice is its capital (signed in 2011). between the Republic of markets area. Kazakhstan and a foreign ” investor (signed in January Asialaw Profiles, 2013 2012). CREDIT SUISSE, UBS INVESTMENT BANK RBS INTERNATIONAL FINANCE CORPORATION AND VISOR CAPITAL (IFC) Advising the syndicate of Advised Credit Suisse, UBS banks with RBS as leading Investment Bank and Visor Advised IFC on its investment arranger on USD 300 Capital as Joint Global of USD 25 million in the Eurasia million loan restructuring of Coordinators and Joint Real Estate Development Ivolga Holding, a farming Bookrunners, Renaissance Company (Eurasia RED) to conglomerate which controls Capital as Joint Bookrunner build a premium-class retail 1.5 m hectares of land across and Halyk Finance as Co- center in Almaty. Russia and Kazakhstan. Manager on the public offering Advising IFC on the project of JSC KCell, the largest in Uzbekistan involving cellular service provider in combination of a senior debt and The team has particular Kazakhstan, including the equity investment by IFC into ” expertise in banking and listing of GDRs on LSE and Open Joint Stock Commercial finance. shares on Kazakh stock Bank «HamkorBank». ” exchange. Legal 500, 2012 DEUTSCHE INVESTITIONS - UND ENT- ASTANA FINANCE KOREA DEVELOPMENT BANK (KDB) WICKLUNGSGESELLSCHAFTMBH (DEG) Advising Astana Finance, Acting for KDB's subsidiary Advising and acting for DEG a large Kazakh financial in Uzbekistan on a security on USD 17 million investment services company, on USD transaction involving financing project involving private 2 billion debt restructuring. of a textile manufacturing equity transaction with two plant in Ferghana Valley. companies in Uzbekistan. Banking & Finance BANKING & FINANCE GROUP GRATA BANKING & FINANCE GROUP KEY CONTACTS REPRESENTATIVE CLIENT LIST European Bank for Reconstruction and Shaimerden Chikanayev Development (EBRD) Kazakhstan/Mongolia International Finance Corporation (IFC) [email protected] Asian Development Bank (ADB) [email protected] Deutsche Investitions - Und Mob.: +7 (701) 787 80 20 EntwicklungsgesellschaftMbH (DEG) Eurasian Development Bank (EABR) Islamic Development Bank (IDB) Islamic Corporation for the Development of the Private Sector Atabek Sharipov Exim Bank of US Uzbekistan/Turkmenistan BNP Paribas Credit Europe Bank [email protected] Credit Suisse Mob.: +998 (90) 370 18 47 Commerzbank Citi Bank Natixis Bank of Tokyo-Mitsubishi UFJ (BTMU) ING Bank Royal Bank of Scotland (RBS) Samir Hadjiyev Macquarie Bank Azerbaijan UBS [email protected] Unicredit Group Mob.: +994 (50) 221 97 17 China Development Bank (CDB) Bank of China Industrial and Commercial Bank of China (ICBC) ICICI Bank Japan Bank for International Cooperation (JBIC) Korea Exim Bank Korea Trade Insurance Corporation Nurlan Kyshtobayev Korea Development Bank Kyrgyzstan/Tajikistan Alfa Bank JSC [email protected] Sberbank of Russia Mob.: +996 (77) 558 00 81 VTB Capital Gazprombank HSBC Kazakhstan VTB Kazakhstan Bank CenterCredit Citi Bank Kazakhstan Sberbank Kazakhstan Visor Marsh Insurance Brokers LLP Banking & Finance .