International law firm Clifford Chance recently advised Russian private business group Renova Group in relation to a strategic equity financing transaction in the amount of CHF 1 billion.
A club of banks entered into equity forward and swap trades with Renova Group on the basket consisting of several listed shares with a duration of 3 years.
The club was arranged by the following banks: Natixis S.A., Credit Suisse AG, ING Bank N.V, .J.P. Morgan Securities plc and Societe Generale.
The Clifford Chance lawyers advising Renova Group on the transaction were Jonathan Lewis (Partner), Vincent Poilleux and Nicolas Gonzalez in Paris, as well as Logan Wright (Partner) in Moscow.