News and developments

Goltsblat Blp Advises Sberbank Investments As Restructuring Agent On Genser’s Debt Restructuring

Goltsblat BLP, the Russian practice of

the international law firm Berwin Leighton Paisner (BLP), has advised Sberbank Investments as restructuring

agent on debt portfolio restructuring for the Genser group of companies, one of Russia’s biggest car dealers. Sberbank, VTB, Sviaz-Bank, Bank SOYUZ,

Credit Bank of Moscow, and Bank ROSSIYSKY CAPITAL were involved

in the restructuring, with Sberbank

Investments as the advisor.

The team of Goltsblat BLP lawyers was led by Banking

& Finance Partner Oleg Khokhlov

and included head of group Tatiana Parshak and associate Dmitry Ionov. The deal was supported by corporate team led by partner and head of Corporate / M&A

practice Anton Sitnikov and

also included associate

director Vera Gorbacheva, senior associates Oksana Orlovskaya and Alexander Muravin, and

junior associates Valentina

Mikhaylova, Elena Shelomenzeva and Mikhail Erokhin.

Oleg Khokhlov

comments: “We were happy to advise Sberbank Investments on this

project and hope that successful debt portfolio restructuring will help Genser to realise its ambitious goals.”