Baker & McKenzie announced today that it acted as issuer’s counsel in a US$500 million Eurobond offering which was guaranteed by ALROSA Company Limited, Russia’s principal diamond producer.
Commenting on the offering, Moscow Capital Markets Partner Mitch Gitin said “This is a landmark offering of debt securities, being the largest offering to date by a Russian company not involved in the energy sector. We were able to provide ALROSA with legal advice for Russia, the United Kingdom and the Netherlands and the breadth of our Russian practice stood us in good stead as we dealt with corporate, securities, tax and real estate issues under Russian law”.
