Credentials

Our credentials confirm our expertise and understanding of the Russian market. We have extensive experience with Russian companies from a wide range of industries. These deals and awards prove our reputation for creative ideas and solutions in the most challenging market conditions.

Advisory

• 2008: We advised PepsiCo on the joint acquisition of a 75.53% stake in Russia's number 1 juice company JSC Lebedyansky for approx USD1.4 billion. This is PepsiCo's largest ever transaction outside the US and the largest ever transaction in the Russian consumer sector.
  
  
• 2008: We advised Inchcape plc on its acquisition of a 75,1% stake in Musa Motors Group for $400m (July 2008).
  
  
• 2007: We completed a fairness opinion on the sale of €1bn stake in EADS by VTB.
  
  
• 2006: Dresdner Kleinwort advised Sinopec on its strategic acquisition of 96,9% in Udmurtneft for US$3,56 billion in order to establishing Russia as one of the company’s core areas for the international oil business.
  
  
• 2005: We advised Gazprom on its US$13.1 billion acquisition of Sibneft - Russia’s largest M&A deal ever. We acted as joint bookrunner and MLA in this largest Russian financing deal to date.

Equity Capital Markets

• 2007: Dresdner Kleinwort executed US$790mn exchangeable bonds into GDR of Rosneft as sole-bookrunner. This was the largest-ever Russian equity-linked deal to date.
  
  
• 2006: We were Joint Bookrunner on the successful US$1.1 billion IPO of TMK; and Co-Lead Manager in US$432 million IPO of SistemaHals telecom company.
  
  
• 2006: Dresdner Kleinwort was one of the Joint Global Coordinators and bookrunners of $10.4bn IPO of Rosneft which was the 5th largest IPO in history; the largest European IPO over the last seven years; the largest ever IPO on the LSE and the largest ever Russian IPO. The Rosneft IPO was awarded Best CEEMEA Equity Issue of the Year by IFR, European IPO of the Year by Financial News, Best IPO by Finance New Europe, and also Russian Deal of the Year and Eastern European Overall Deal of the Year by The Banker.

Debt Financing

• 2008: We co-lead managed a RUB 10 billion bond issue for the Moscow Region and we acted as Joint Lead Manager and Bookrunner for the issuance of TransCreditBank Reg.S Notes for $350m.
  
  
• 2007: We were Joint Bookrunner of a CHF375m Swiss Franc Eurobond for the Russian Agricultural Bank.
  
  
• 2006: LUKOIL successfully placed its two Ruble bond issues at the Moscow Interbank Currency Exchange (MICEX).  This was the largest ever domestic bond transaction by a privately-owned Russian entity that has set an excellent benchmark for Russian corporate universe for their future borrowings. Dresdner Kleinwort was Lead Arranger.
  
  
• 2006: we acted as Joint Lead Arranger and Bookrunner for MDM Bank issue a US$403 million Auto Loan Securitisation of Taganka Car Loan Finance Plc. It was the largest-ever publicly placed consumer asset securitisation from Russia, the first to be placed pursuant to Rule 144A under the United States Securities Act of 1993, and the first Russian auto loan securitisation to be rated by both S&P and Moody’s. The deal was awarded Best Structured Finance Deal (Finance New Europe, 2006).
  
  
• 2005: Dresdner Kleinwort managed numerous high profile and award-winning loan transactions, including Gazprom’s US$13.1 billion loan financing, Rosneftegaz’s US$7.5 billion syndicated bridge facility, Russian Railways’s US$600 million.
  
  
• 2003: Dresdner Kleinwort successfully undertook a US$1.75 billion placement of 10-year Eurobonds for its long-term client OAO Gazprom. This was Gazprom's debut 144A issue and the largest ever emerging market corporate bond issue, as well as the longest ever Russian corporate issue. This landmark deal was named 2003 Russia "Deal of the Year" by The Banker magazine and won numerous other industry awards.

 Awards

• 2007: Euromoney Awards for Excellence awarded Dresdner Kleinwort Best Investment Bank in Central & Eastern Europe in recognition of its performance across a wide range of products and services in the region generally and in Russia in particular. The bank also won Best Equity House in Russia in recognition of its role on landmark transactions such as the IPOs of Rosneft and TMK.
  
  
• 2006: No.1 Best M&A Deal (Finance New Europe) for US$3.5 billion acquisition of Udmurtneft by Sinopec.
  
  
• 2005: No.1 Best Arranger of Russian Loans (Euroweek).