Elena Naumova

Provision of all-round legal support for the Group (four level corporate structure with companies incorporated in Russia and Cyprus). The Group is one of the largest privately owned operating lessor of freight railcars in Russia by number of railcars. The Group leases its railcars under operating lease contracts to a selected number of leading Russian industrial and transportation companies operating in a variety of sectors, including coal, chemicals, oil and gas, transportation. Projects 2020-2021 Acquisition of fleet, M&A activity 2018-2021 Reorganization and tax optimization of corporate structure of the Group, including merger and liquidation of companies in Russia, Cyprus, Bermuda, BVI and Ireland; renegotiation of terms of credit facility and security documentation with the bank-creditor of the Group 2017 M&A activity 2015-2017 Restructuring with bondholders of USD 600 million and junior creditors of over USD 150 million August 2014 RUB 8 billion Credit Facility arranged by group of international banks March 2014 USD 150 mln Preference Share Offering (EBRD) November-December 2012 IPO preparation (London Stock Exchange) November 2012 USD 600 mln Debut Eurobond Issue (LSE, Joint Lead Managers: Goldman Sachs, Raiffeisen Bank International, UBS, VTB Capital) March-August 2012 Pre-IPO private placement preparation May 2012 USD 250 mln Credit Facility with IFC and a group of International banks May 2011 M&A activity December 2010 USD 160 mln Equity Placement and USD 60 mln Mezzanine loan with private and institutional investors. Vendor Due Diligence 2006-2010 Creation of the Group corporate structure; building and debugging of business processes; creation and implementation of internal regulations and procedures. Implementation of an electronic document management system, unification of contractual documentation. Legal support of core business activities. Litigation with contractors, clients and tax authorities, labor disputes resolution