Baker McKenzie advised UBS AG and Joint Stock Company "ALFA-BANK" as joint lead managers on the issue of CHF 165 million Loan Participation Notes for ABH Financial Limited

Alfa Holding Issuance plc successfully issued CHF 165 million 2.875 per cent. Loan Participation Notes (LPNs) due 2022 as Series 5 under its EUR 1.2 billion programme for the issuance of Loan Participation Notes. The Loan Participation Notes were issued for the sole purpose of financing loans to ABH Financial Limited and will be admitted to trading on the SIX Swiss Exchange with effect from 14 December 2017 (ISIN: CH0385518086 / Common Code: 171068142). The Loan Participation Notes were placed by UBS and Alfa Bank as joint lead managers with UBS acting as sole bookrunner.

Baker McKenzie advised UBS and Alfa Bank as joint lead managers in connection with the issuance of the Loan Participation Notes. The Baker McKenzie team was advised by Dmitry Dembich (Partner, Moscow), Roy Pearce (Partner, London), Matthias Courvoisier (Partner, Zurich), Philip Spoerlé (Associate, Zurich), Maxim Khrapov (Associate, London), and Olga Ehrman (Associate, Moscow).