VYACHESLAV KHOROVSKIY

vkhorovsky@tag.international

Areas of practice: cross-border and domestic finance transactions, including general lending and syndications, trade, property, acquisition and asset finance, capital markets, restructurings and transactions with distressed assets, dispute resolution.

Industries: financial services, real estate, transportation.

Recognitions: ranked as Band 4 Lawyer by Chambers for Banking and Finance in Russia, listed in Best Lawyers of Russia, Banking and Finance, by Kommersant.

EDUCATION

University College London (UCL) University of London, UK. 2003. Master of Laws (LLM).

Moscow State Institute of International Relations School of Law at the Ministry of Foreign Affairs of the Russian Federation. 1995. Honours Degree in Law (J.D. equivalent); specialization in International Trade Law.

REPRESENTATIVE ENGAGEMENTS

UK banking subsidiary of a Russian state-owned bank – USD 100 million and USD 130 million unsecured loans to a Russian electricity exporter

US automobile manufacturer – RUR 3 billion revolving facility to its Russian subsidiary secured with pledges over vehicles and assignment of receivables under sales contracts

Russian electricity exporter – USD 74 million term loan facility from an international bank to finance acquisition of power infrastructure in Georgia

Russian state controlled bank – RUR 3,5 billion credit facilities to finance acquisition of a stake in a Russian construction company from Moscow City Government

UK subsidiary of a Russian state-owned bank – USD 150 million syndicated secured facility to a Russian airline secured with aircraft mortgages and corporate guarantee

Syndicate of Russian state controlled banks – RUB 2,5 billion guaranteed and secured credit facility for a Russian manufacturing group

International financial institution – USD 100 million project finance transaction in Belarus

Syndicate of foreign banks – EUR 100 million receivables purchase facility for a Hungarian borrower to finance construction of a sports infrastructure in Lipetsk

Swedish bank – USD 427 million facility to a Cypriot borrower secured with mortgage over a large shopping centre in Moscow and pledges of different types of Russian assets

Russian subsidiary of a leading Austrian bank – USD 65 million loan to a Russian corporate borrower secured with mortgage over a large shopping centre in Moscow and lease rights in relation to land plots

Hungarian bank – USD 77 million property finance transaction in Krasnodar

International banking group – USD 80 million facility to 2 Russian borrowers from an international development group secured with mortgages over commercial properties in Moscow region, share pledges and corporate guarantees

International development company – EUR 50 million property finance transaction in Moscow region with a Russian state-controlled bank

Russian state-controlled bank – USD 56 million issue of LPNs for the purposes of funding a loan to a Russian travel and hotel business

Russian state controlled bank – 2 issues (RUR 8,8 billion and USD 148 million) of LPNs for the purposes of funding loans to a Russian leasing company secured with assignment of lease payments and pledge over leased assets

Russian bank – RUR 5,3 billion repackaging of promissory notes issued by a Russian natural monopoly

UK bank – USD 125 million issue of LPNs under its debt issuance programme for the purposes of funding a loan to a Ukrainian automobile manufacturer

Russian bank – acquisition of a major stake (48%) in a Russian online trade platform

Spanish construction company – Russian JV participating in certain construction tenders in Russia

UK bank – restructuring of its debt and equity exposure to a Russian pharmaceutical company and a USD 110 million secured and guaranteed facility to the same borrower

International financial organisation – restructuring of a USD 100 million facility to a Russian leasing company including due diligence of a new borrower, transfer of the distressed debt and all charged assets to another Russian leasing company

Russian state controlled bank – USD 116 million term loan facilities for a Dutch borrower to finance acquisition of offshore holding companies controlling certain Russian distressed commercial properties and refinance defaulted facilities advanced to the same group of obligors

Russian state controlled bank – acquisition of various distresses assets including secured and unsecured loans to Russian borrowers for up to USD 750 million