Elena Shelomentseva

Advising X5 Group on acquiring 70% stakes in the Krasny Yar and Slata businesses, two leading retailers in Eastern Siberia, and on setting up a joint venture to manage the two retail chains. The deal, supported by an ALUMNI Partners team, was recognised by Legal Insight in the category “M&A Deal of the Year in Retail” in 2022.

Advised Sberbank Investments and Russia-China Investment Fund on a RUB 1.6 bn investment structured as a syndicated venture loan to the Eruditor Group holding company, owner of the leading Russian professional information services marketplace Profi and Zoon. This innovative transaction was the first syndicated venture capital loan on the Russian market.

Advising on mezzanine financing provided to Ultramar Terminal for construction of an industrial and logistics centre for storing and transshipping mineral fertilisers and general cargo on Ust-Luga Bay, as well as on subsequent investment in the project by new partners, provision of new tranches and amendments to the documentation on senior debt provided by Sberbank, including coverage by the Export Credit Agency.

Advised Sberbank on the recently completed sale of Eurocement Group debt and equity, following an electronic auction, to the winning bidder – Mikhaylovsky Construction Materials Plant – for an aggregate consideration of RUB 161 bn – positively reviewed by Sberbank as “Unique in terms of size and structure, the transaction is unprecedented on the Russian market. It has been closed by means of an open and transparent market procedure during which participants raised their bids over 40 times.”

Advising an institutional investor in the acquisition of a 50% stake in the charter capital of a major developer implementing a project to build a premium-class apartment complex in the centre of Moscow.