ARTICLE
29 January 2016

European Bank For Reconstruction And Development ("EBRD") And DEG - Deutsche Investitions- Und Entwicklungsgesellschaft Mbh ("DEG") - Refinancing Of Tyazhpromarmatura JSC

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Elias Neocleous & Co LLC

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Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.
In the autumn of 2014 we advised EBRD and DEG, the largest European development institutions, in connection with the refinancing of facilities provided to Tyazhpromarmatura JSC ("Oil & Gas Systems")...
Cyprus Wealth Management

In the autumn of 2014 we advised EBRD and DEG, the largest European development institutions, in connection with the refinancing of facilities provided to Tyazhpromarmatura JSC (“Oil & Gas Systems”), Russia’s largest machinery producer, and its leading manufacturer of pipeline valves. EBRD initially provided financing of €123 million in February 2014 and we acted in connection with the introduction of DEG into the lender group and an increase in the facilities to a total of €265 million.

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