On December 17, 2014 Sberbank Group announced a successful completion of the inaugural securitization of mortgage assets supported by the associates of Banking & Financial, Capital Markets practice team of EPAM. This is an important transaction for the Russia’s securitization market and an encouraging example of mortgage securitization for the banking sector.
On December 12, 2014, Absolut Bank announced the successful completion of a unique securitisation of mortgage assets, under which the senior bonds were rated as investment grade by international agencies Moody’s and Standard & Poor's. The Banking & Finance, Capital Markets Practice team of EPAM acted as legal advisor to Absolut Bank providing full legal support on a transaction which is unique for the Russian financial market.
On December 08, 2014, Khanty-Mansi Bank Otkrytie PJSC announced that it had successfully closed a second deal on the securitization of the mortgage portfolio supported by the EPAM’ Banking and Finance, Capital Markets team.
On October 22, 2014, URALSIB OJSC announced it had successfully closed a second deal on securitization of the mortgage portfolio supported by the EPAM’ Banking & Finance and Capital Markets team.
Associates of the banking & finance/capital markets practice provided the legal support for the reorganization procedure of NIKIMT-Atomstroy OJSC in the form of spin-off of Zheleznogorskaya TEC OJSC.
The Banking & Finance, Capital Markets team at EPAM has successfully completed the legal support of two transactions to securitise the mortgage assets of the Housing Finance Bank (ZAO Bank ZhilFinance).
EPAM announces the arrival of a new Partner, Dmitriy Glazounov, a leading capital markets and financial transactions expert, together with his team. Dmitriy will head the Banking & Finance and Capital Markets Practices at the Firm's Moscow office.
The Minsk Office of EPAM (the Firm) provided legal support of the deal which increased the loan amount by EBRD up to EUR 20 million for the OJSC Stadler Minsk.
EPAM acted as Russian law adviser to DFJ during the creation with VTB Capital and RUSNANO of a domestic and parallel international fund to invest in nanotechnology under the name of DFJ-VTB Aurora, the first closing for which took place in December 2011.
Today Moscow hosts an international master class titled Unified Rules for Demand Guarantees: Review of International Practice, organized by ICC Russia (the Russian National Committee of the International Chamber of Commerce – the World Business Organization) in cooperation with Gazprombank OJSC. Roman Malovitsky spoke at the event.