Tue, May
47 New Articles

Debevoise Advises Nornickel on USD 1 Billion Eurobond Offering

Debevoise Advises Nornickel on USD 1 Billion Eurobond Offering

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

The Moscow and London offices of Debevoise & Plimpton have advised longstanding client PJSC MMC Norilsk Nickel (“Nornickel”) on its USD 1 billion Eurobond offering due 2023 with a coupon of 4.10% per annum.

The proceeds from the issue will be used for general corporate purposes and capital investments.

Debevoise describes Nornickel as "a diversified mining and metallurgical company, the world’s largest refined nickel and palladium producer, and a leading producer of platinum, cobalt, copper and rhodium." The company also produces gold, silver, iridium, selenium, ruthenium and tellurium.

Debevoise reports that it has previously advised Nornickel on a number of similar finance and capital market matters, including on three previous Eurobond offerings totaling USD 2.75 billion.

The Debevoise team advising Nornickel was led by London Partner James Scoville, and included Moscow Partner Alan Kartashkin, International Counsel Dmitry Karamyslov, and Associates Timur Ochkhaev and Svetlana Panfilova. Tax advice was provided by International Counsel Cecile Beurrier and Associate Patrick Fasoro. 

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


Our Latest Issue