Global law firm White & Case LLP has advised on two successful high yield bond offerings out of Greater China, one out of China’s oil and gas sector and one out of Macau’s gaming and entertainment sector, representing the underwriter banks of each transaction (more…)
Global law firm White & Case LLP has advised Kazakhstan’s “BTA Bank” JSC (the “Bank”) on the restructuring of approximately US$11.1 billion of its financial indebtedness (more…)
Dechert’s London-based emerging markets team has advised on two important capital markets transactions involving Kazakhstan issuers, including what is believed to be the world’s first-ever successfully completed 144A intermediated exchange (more…)
Global law firm White & Case LLP, through its Moscow, Milan and Almaty offices, has advised Recordati, a European pharmaceutical group listed on the Italian Stock Exchange, on the acquisition of all rights to five product lines in the Russian and the Commonwealth of Independent States (CIS) (more…)
The Japan Bank for International Cooperation (JBIC) recently signed a 297.5 million U.S. dollars buyer’s credit (export credit) with LLP Atyrau Refinery, a subsidiary of JSC NC “KazMunayGas”, the Republic of Kazakhstan state-owned oil and gas company. The loan is co-financed with the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), with Nippon Export and Investment Insurance (NEXI) providing Buyer’s Credit Insurance for the portion co-financed by BTMU (more…)
KazMunaiGas Exploration Production JSC (KMG EP), one of Kazakhstan’s leading oil companies, has announced the signing of a Share Purchase Agreement to sell a 49% equity stake in the Karpovskiy Severniy project to MOL Hungarian Oil and Gas plc (MOL), one of Central and Eastern Europe’s key integrated energy businesses (more…)
Kazakhstan Fertilisers Group Pte Ltd. (“Kazfert”), an investment vehicle managed by Hong Kong-based private equity firm Sprint Capital Management Limited, has entered into an agreement with Satimola Ltd to acquire Satbor LLP, a potash mining and exploration business in Kazakhstan. The deal value has not been disclosed and the closing of the transaction is subject to regulatory and certain other conditions (more…)
Global law firm White & Case LLP has advised Barclays Bank PLC and HSBC Bank plc as Joint Lead Managers, and JSC Kazkommerts Securities as Kazakhstan Manager, on the offering of US$800 million 6.950 percent notes due 2042 by Kazakhstan Temir Zholy B.V (more…)
KazMunaiGas, Kazakhstan’s state oil and gas company, secured a $1.13 billion Chinese loan on Wednesday to complete an upgrade that will enable its Atyrau oil refinery to produce cleaner fuels (more…)
Curtis, Mallet-Prevost, Colt & Mosle LLP represented Kazakhstan in negotiations that have resolved certain disputes with the North Caspian Sea Consortium regarding the development of the Kashagan field, reported to be the world’s largest oil discovery since the 1970s. The agreement also settles related alternative dispute resolution proceedings (more…)
Morgan Lewis today confirmed that ten partners will join the firm’s Business and Finance Practice, resident in the UK, Russia, and Kazakhstan. With the arrival of this group, the firm will continue to cement its presence in London—where it will have grown from 21 to 45 attorneys over the past year—and will launch new offices in Moscow and Almaty (more…)
Dechert LLP announced today that Kenneth E. Mack has joined the firm as partner and has established an office for the firm in Almaty, the commercial capital of Kazakhstan. Mack, who focuses his practice on transactions primarily in the energy and natural resources sectors, joins with a team of lawyers, all previously with Chadbourne & Parke LLP, in Almaty (more…)
