The KKMP team, consisting of partner Alexander Anichkin, Senior Associate Olga Zakharova, Associate Vladimir Barkov, and Associate Attorneys Evgenia Vasilyeva and Kirill Grechishkin, advised AFK Sistema Corporation on a structured investment transaction worth more than 300 billion rubles with a group of investors.
According to comments from official representatives of AFK Sistema, the transaction will enable the AFK Sistema Group to significantly reduce the company’s debt burden and dramatically improve its credit profile.
The multi-tiered transaction structure developed for this deal allows the group to effectively leverage its economic potential without selling assets and without precluding the possibility of their subsequent monetization. This approach to the transaction underscores AFK Sistema’s commitment to transitioning to a more sustainable capital structure model under current market conditions.
Advising AFK Sistema on a 320-billion-ruble transaction
