Stepan Akishin

Associate
Profile Experience

Stepan Akishin is a Russian law-qualified associate in Latham & Watkins’ Moscow office. Mr. Akishin’s practice focuses on banking and finance transactions. He has significant experience advising on Russian law governed syndicated loan transactions, in particular within the VEB Project Finance Factory framework. Mr. Akishin also advises on a wide range of corporate and M&A matters.

Mr. Akishin’s representative experience includes advising:

Banking

  • VEB.RF and Gazprombank as lenders in relation to secured syndicated loans provided via the Project Finance Factory to:
    • Shchekinoazot, a leader in the Russian chemicals market, for the construction of a new methanol plant (deal value is RUB14.5 billion)*
    • Operator CRPT, a subsidiary company of CRPT, one of the leading Russian IT-companies, for launching a national digital marking and tracking system for products based on the public-private partnership with Russian Ministry of Industry and Trade. It is the first public-private partnership with federal government (deal value is RUB24.2 billion)*
  • Developer and operator of the Far East of Russia port in relation to a RUB34 billion syndicated loan financing from major Russian lenders in the context of a large-scale infrastructure project for the construction of a new coal terminal in the port*
  • Sberbank and Gazprombank as lenders in connection with a RUB100 billion syndicated loan financing for 10 years to Messoyakhaneftegaz, a joint venture of two Russian oil corporations, Rosneft and Gazprom Neft*
  • Credit Bank of Moscow and Gazprombank in relation to a RUB5 billion syndicated loan financing to Eurotorg, the largest retailer in Belarus*
  • VEB.RF and Gazprombank as lenders in relation to a secured syndicated loan financing of costs of the PPP projects for construction and operation of landfills and facilities for the treatment of municipal solid waste in different regions of Russia (deal value exceeded RUB10 billion)*
  • A major Russian bank in relation to a US$240 million loan to a large Russian producer of iron ore concentrate listed on the HSE*

Corporate and M&A

  • A Russian investor in relation to the acquisition of a 74% stake in Ust-Luga Oil, an operator of the Ust-Luga oil transfer terminal, from a leading global commodities trading house (deal value exceeded RUB60 billion)*
  • A Russian investor in relation to the purchase of a 40% stake in a leading Russian coal mining, trading and logistics group from one of the former joint venture partners*
  • A leading Russian investment group in relation to a complex multistage and multi-jurisdictional corporate restructuring in connection with its de-offshorisation (deal value exceeded US$2 billion)*

*Matter handled prior to joining Latham


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