Yaroslav Smorodin

Banking/Finance

• Acting for a syndicate of international banks in connection with a EUR 1.805 billion five-year prepayment facility for an Austrian trader to finance prepayments made to the largest Russian oil company under a contract for the export of oil products.
• Acting for a syndicate of banks arranged by ING and UniCredit in connection with a US $750 million financing for EuroChem Group AG.
• Acting for a syndicate of banks arranged by Natixis in connection with a US $300 million pre-export finance facility for Russian Copper Company, leading copper company in Russia.
• Acting for Vitol in connection with a US $184 million prepayment facility for a private Russian oil refinery.
• Acting for a major international trading house in connection with a syndicated US $150 million five-year pre-export facility for a major Kazakh oil and gas producer.

Insolvency/Litigation

• Representing a syndicate of international banks with a US $70 million claim in connection with two bankruptcy proceedings relating to entities of the Russian metallurgical group Red October.
• Representing Amsterdam Trade Bank N.V. and ATB-Leasing in connection with the recognition and enforcement of a US $20 million LCIA award and subsequent inclusion of claims into the creditors’ registers of Coal Company Zarechnaya and Mine Zarechnaya.
• Representing United Card Services in a complex RUB 470 million dispute with United Settlement System related to the payment processing system.

Corporate/M&A

• Acting for EBRD and DEG in connection with the sale of their minority stakes in Rosevrobank to Sovcombank with the joint transactional value of approx. RUB 5 billion.
• Acting for a corporate investment arm of one of Russia’s largest state-owned banks in its acquisition of a 20% stake in the holding company of a provider of complex solutions for the oil and gas industry in Russia and neighboring countries.
•  Acting for EBRD in connection with the RUB 645 million sale of its minority stake in Belaya Dacha Trading to the initial individual shareholders.