Our finance practice has established a first-class reputation in the region and we have a strong client base which includes many international financial institutions and banks. We have advised foreign lenders on significant debt restructuring matters in addition to specific project finance matters. The team have experience working on complex equity transactions involving EBRD and western banks.
The team are knowledgeable on a broad range of financial matters, as well as conducting due diligence on local banks, telecommunications, insurance and oil sector service companies.
The projects we have handled include:
- Acting as Azerbaijani counsel to a consortium of banks and financial institutions under multi -billion dollar project financing to SOCAR & TURCAS related to the construction of the major regional refinery in Turkey (Project Star);
- Acting for Société Générale on the refinancing of the BTC;
- Acting as SOFAZ’s counsel in respect of the laws of the Republic of Azerbaijan in connection with the EITI Standards to be implemented in the Republic of Azerbaijan, and providing recommendations to SOFAZ as to implementation of such standards in light of domestic legislation;
- Advising foreign banks and internatioanl lending institutions on various aspects of Azerbaijani PSAs including Azeri-Chirag-Guneshli, Shah Deniz, Nachichevan, Karabakh, Muradhanli and Salyan.