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DLA Piper Advises Sberbank Investments on Financing for Development of Russian Educational Center

DLA Piper Advises Sberbank Investments on Financing for Development of Russian Educational Center

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DLA Piper has advised Sberbank Investments on its secured mezzanine loan to Russia’s Nizhny Novgorod Region and Prosveshcheniye Group for the construction of a training and educational center.

Financial aspects of the deal were not disclosed.

According to DLA Piper, “the educational center in Nizhny Novgorod will have a total capacity of 4,550 seats. The financing consists of a loan from Sberbank, the investor’s own money, and the federal budget, which allocated funding for the 800th anniversary of Nizhny Novgorod.”

DLA Piper’s Moscow team consisted of Partner Leo Batalov, Legal Director Ivan Sezin, and Associate Daria Vasilieva.

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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 advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

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 that enables thus 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

 

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