Alexey V. Kiyashko

Alexey V. Kiyashko

Partner, Capital Markets; Mergers and Acquisitions

Alexey Kiyashko has practiced law in Skadden’s Moscow, New York and Paris offices and is currently a co-head of the Moscow office.


Mr. Kiyashko rejoined the Moscow office in February 2002 after working as counsel at the European Bank for Reconstruction and Development in London. He focuses on international M&A and corporate finance transac­tions, and has been repeatedly ranked as a leading individual in Chambers Global, Cham­bers Europe, IFLR1000 and The Legal 500 EMEA, which named him as a member of its Commercial, Corporate and M&A: Moscow Hall of Fame in 2021 and 2020. He also was named as the 2020 Corporate Law Moscow Lawyer of the Year in The Best Lawyers in Russia.

Mr. Kiyashko has represented major Russian groups and Western companies in connection with cross-border M&A, corporate and restructuring transactions, including:

  • ExxonMobil in connection with the entering into, and subsequent withdrawal from, joint venture agreements with Rosneft, a Russian oil company;
  • Eurasia Drilling Company Limited, the largest provider of onshore drilling services in Russia, in connection with the announced purchase of 51% of its total issued share capital by Schlumberger, the world’s leading provider of technology to the oil and gas industry;
  • the controlling shareholder of Cherkizovo Group, the largest vertically integrated meat and feed producer in Russia listed in Moscow and London, in connection with the acquisition of 21.05% of the group’s ordinary shares and global depositary receipts (GDRs) from the funds and portfolios under the management of Prosperity Capital Management;
  • National CinemaChain LLC, a Russian company controlled by Suleyman and Said Kerimov, in its US$120 million sale of Russia’s largest cinema chain, Cinema Park, to entities affiliated with A&NN Investments, a Russian group controlled by Alexander Mamut;
  • Otkritie Holding, the largest privately owned Russian financial group by assets, in connection with the US$1.45 billion acquisition from LUKOIL, a Russian oil company, of 100% of shares of JSC Arkhangelskgeoldobycha, a Russian producer and seller of rough diamonds operating the Verkhotinskoye diamond field;
  • Roust Trading Limited, the ultimate shareholder of Russian Standard Bank, in a U.K. court-sanctioned scheme of arrangement to restructure two series of eurobonds in the amount of US$550 million. The bonds were issued by Russian Standard Finance S.A., a Luxembourg-based special purpose vehicle, to fund related loans to Russian Standard Bank. This was the first time that an English scheme of arrangement had been used to implement a restructuring to address capital adequacy issues for a Russian bank;
  • entities associated with the Suleyman Kerimov Foundation and several other Russian investors in the sale of all of their shares in OJSC Uralkali, one of the world’s largest potash producers based in Russia; and of all of their shares in PIK Group OJSC, one of Russia’s leading residential real estate developers;
  • Nafta Moskva in connection with a number of transactions, including in its:
    • acquisition of a significant stake in OJSC Uralkali;
    • acquisition of shares and American depositary shares (ADS) of OJSC Polyus Gold, a leading gold mining company in Russia; and
    • acquisition of shares and GDRs of PIK Group OJSC;
  • Valeant Pharmaceuticals International Inc. in its US$180 million acquisition of Natur Produkt International JSC;
  • a Russian investor in connection with a proposed investment and a shareholders’ agreement regarding OAO GMK Norilsk Nickel, the world’s leading producer of nickel and palladium;
  • Altimo Holdings & Investments Ltd. in the US$5.2 billion sale of its 25% stake in OJSC MegaFon to AF Telecom and a subsidiary of MegaFon; and
  • VimpelCom Limited in its US$30 billion exchange offer for OJSC VimpelCom, a Russian telecommunications company, and its business combination with CJSC Kyivstar G.S.M., a Ukrainian telecommunications company.

In the corporate finance arena, Mr. Kiyashko’s experience includes advising, among others:

  • the lead underwriters in the US$400 million IPO of ordinary shares of Segezha Group PJSC on the Moscow Exchange; 
  • National Atomic Company Kazatomprom and Sovereign Wealth Fund Samruk-Kazyna (as selling shareholder) in Kazatomprom’s IPO of GDRs and shares. The shares and GDRs are listed on the Astana International Exchange (AIX) recently launched by the Astana International Financial Centre – the first-ever listing on the AIX;
  • Cherkizovo Group in connection with the delisting of its GDRs from the London Stock Exchange;
  • PIK Group OJSC, a real estate developer and home builder, in connection with its US$330 million secondary offering of newly issued shares to existing shareholders and certain anchor investors, which also included an underwritten offering via an accelerated bookbuilding to institutional investors organized by VTB Capital and Sberbank CIB;
  • QIWI plc, a provider of electronic payment services, in its US$212 million initial public offering of ADS with a listing on the Nasdaq Global Select Market, and its listing of ADS on the Moscow Interbank Currency Exchange. QIWI plc was the first Russian company to complete an IPO under the U.S. JOBS Act, and the first foreign company to list on a Russian stock exchange;
  • the underwriters in two U.S. SEC-registered offerings of preferred shares by Mechel OAO, a Russian mining and metals company, with the listing of ADS on the New York Stock Exchange;
  • the underwriters in the US$400 million IPO of ordinary shares and GDRs of OJSC TransContainer, an intermodal container transportation and logistics company. This was the first major privatization conducted by the Russian government as part of its US$50 billion privatization program;
  • OJSC Protek, Russia’s largest vertically integrated pharmaceutical holding company, in connection with the IPO of its shares with listing on the Russian Trading System and the Moscow Interbank Currency Exchange; and
  • the underwriters in the US$435 million secondary offering by OJSC Magnit, a Russian food retailer.

Mr. Kiyashko was a member of the Moscow Exchange’s Committee on Primary Equity Markets, a committee advising the Moscow Exchange and the Russian securities market regulator on how to improve the legislative and regulatory framework for the equity capital markets in Russia.



  • LL.M., New York University School of Law, 1995
  • Law Degree, Moscow State Institute of International Relations (MGIMO), 1994 (with honors)


  • New York
  • Russian Federation


  • Russian
  • English
  • French (proficient)

Alexey V. Kiyashko

Partner, Capital Markets; Mergers and Acquisitions