Alexey V. Kiyashko
Alexey Kiyashko is co-head of the Moscow office, focusing on international M&A and corporate finance transactions.

Bio

Mr. Kiyashko has practiced law in Skadden’s Moscow, New York and Paris offices. He rejoined the Moscow office in February 2002 after working as counsel at the European Bank for Reconstruction and Development in London. Mr. Kiyashko has been repeatedly ranked as a leading individual in Chambers Global, Chambers Europe and The Legal 500 EMEA.

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

  • Eurasia Drilling Company Limited (EDCL), the largest provider of onshore drilling services in Russia, in connection with the announced purchase of 51 percent 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 percent of the group’s ordinary shares and GDRs from the funds and portfolios under the management of Prosperity Capital Management;
  • 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 percent 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 United Kingdom 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 has been used to implement a restructuring to address capital adequacy issues for a Russian bank;
  • the majority shareholders of Eurasia Drilling Company Limited (EDCL), the largest provider of onshore drilling services in Russia, in its take-private and the proposed sale of a minority stake to Schlumberger;
  • a Russian investor in its multimillion-dollar acquisition of Cinema Park, a leading movie theater operator in Russia, from Interros, a Russian investment company;
  • 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, to ONEXIM Group and OJSC United Chemical Company Uralchem; and of all of their shares in OJSC PIK Group, one of Russia’s leading residential real estate developers, to the companies affiliated with Russian investors Alexander Mamut and Sergey Gordeev;
  • Nafta Moskva in connection with a number of transactions, including in the:

    • acquisition of a significant stake in OJSC Uralkali;
    • acquisition of shares and ADRs of OJSC Polyus Gold, a leading gold mining company in Russia; and
    • acquisition of shares and GDRs of OJSC PIK Group;
  • 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 percent stake in OJSC MegaFon to AF Telecom and a subsidiary of MegaFon;
  • Brunswick Rail, a leading Russian privately owned railcar operating lessor, in connection with the purchase of 2,000 railcars from Privat Group and RG-Trans;
  • VimpelCom Limited in its US$30 billion exchange offer for OJSC VimpelCom, a Russian telecommunications company, and its business combination with CJSC Kiyvstar G.S.M., a Ukrainian telecommunications company;
  • JC Flowers, a private equity fund, in its side-by-side investment with C.V. Starr & Co., Inc. into Investment Trade Bank, a Russian commercial bank; and
  • Lion Capital LLP, the private equity house, on completion and post completion matters in connection with its acquisition of Russian Alcohol Group, a Russian alcohol manufacturer, structured as an LBO.

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

  • 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 American depositary shares (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 initial public offering 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 has been 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.

Mr. Kiyashko is fluent in English and is proficient in French.

Credentials

Education

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

Admissions

  • New York
  • Russian Federation

Languages

  • Russian
  • English
  • French (proficient)

Alexey V. Kiyashko

Partner, Corporate Finance; Mergers and Acquisitions
alexey.kiyashko@skadden.com