Dentons has advised Russia's Chelpipe on its debut issuance of USD 300 million 4.50% loan participation notes due 2024. Dentons acted as English, United States, and Russian counsel to Chelpipe.
Chelpipe Group is a pipe manufacturer serving the automotive, energy and utilities, mining, and machinery industries. Its business includes both scrap procurement and steel pipe production as well as the production of trunk pipeline systems.
Denton’s Moscow-based team included Partners Cameron Half and Tamer Amara, Senior Associate Filipp Petyukov, and Associate Arsen Safaryan. The firm's team also included London-based Partner David Cohen and Associate Nicolo Ascione and New York-based Partner Jon Hutchens.
Dentons did not reply to our inquiry about the deal.