Contact details

Rubin Weston

T: +44 20 7809 2595 Email Rubin | vCard Office: London

Awards

Oil and gas and Trade finance

Oil and gas and Trade finance

Energy & natural resources: Oil & gas

Energy & natural resources: Oil & gas

Rubin Weston

Contact details

Rubin Weston

T: +44 20 7809 2595 Email Rubin | vCard Office: London

Rubin represents lenders and borrowers on major financings. His practice has tended to focus on developing markets, particularly the countries of the Former Soviet Union and has encompassed project finance, restructurings, debt finance, acquisition finance and real estate finance.
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His sectoral experience includes oil and gas (upstream, midstream and downstream), mining and metals, power and general infrastructure. Recent transactions of note include representing Interpipe on the consensual restructuring of its $1 billion debt portfolio, representing a Russian bank on its circa $500 million project financing of a petrochemical facility in Azerbaijan and representing SUEK on its syndicated pre-export financings (in amounts in excess of $1 billion).

He has been ranked by Chambers UK since 2010 and by Chambers Europe and Chambers Global since 2014.

"He's very practical and demonstrates a flexible approach. He's very strong in negotiations."

Chambers Global 2019

  • Restructuring and insolvency
  • Project finance
  • Projects and infrastructure
  • Trade finance
  • Real estate finance

Interpipe debt restructuring (closed 2019)

The consensual restructuring of the entire debt portfolio of Interpipe (a major Ukrainian producer of steel). Over $1 billion of financial debt across multiple facilities was reduced and restructured (into a combination of debt and equity like instruments).

Interpipe debt restructuring (closed 2011)

This initial restructuring made the entire debt portfolio (including the restructuring of a project financing in an amount in excess of US$210 million guaranteed by SACE) subject to override terms and introduced a common security package.

Clean Globe

EBRD, NEFCO and Finnfund in respect of the restructuring of their respective debt and equity investments in Clean Globe - a Finnish provider of oil field clean up services.

More: Restructuring and insolvency

Russian bank

$489 million project financing of the construction of petrochemical facilities in Sumqayit, Azerbaijan.

Interpipe

$344 million export credit-backed project financing provided by a syndicate led by Citibank and Barclays, in respect of the construction of a new steel plant in Ukraine.

EBRD

Acting for EBRD on its €24.5million project financing of a 30MWp solar plant in the Kamianka region of Ukraine for Scatec Solar.

IFC and EBRD

Joint financing of the development of a international airports in Tbilisi and Batumi in Georgia.

KFW and Kuwaiti banks

Acting for lenders in respect of the financing of a wastewater treatment PPP project in Kuwait.

IFC, European Investment Bank and FMO

Project financing of a soda ash plant in Kenya.

SUEK

Numerous pre-export financings for this Russian coal producer (including $1.5 billion in 2018 and $1.2 billion in 2019). 

Cheniere LNG

Various trade finance facilities with major banks.

South American Mining Company

$1 billion pre-export financing from a Chinese bank.

Russian bank

Financing of the acquisition of a luxury hotel in Moscow.

Major property investment fund

Structured real estate financing of the construction of a premium outlet village near a major European city by a joint venture.

Major property investment fund

US$205 million loan from a syndicate of lenders led by Unicredit in respect of a real estate investment in a major European city.

More: Real estate finance

  • Energy and natural resources
  • Oil and gas
  • Mining and minerals
  • Power and renewables

EBRD

Project financings of the investments of SOCAR and Lukoil, respectively, in the Shah Deniz gas field, off the coast of Azerbaijan.

SUEK

Numerous pre-export financings for this Russian coal producer (including $1.5 billion in 2018 and $1.2 billion in 2019). 

Russian bank

$489 million project financing of the construction of a petrochemical facilities in Sumqayit, Azerbaijan.

More: Energy and natural resources

EBRD

Project financings of the investments of SOCAR and Lukoil, respectively, in the Shah Deniz gas field, off the coast of Azerbaijan.

EBRD

Project financings of the investments of SOCAR and Lukoil in the South Caucasus gas pipeline.

Russian bank

$489 million project financing of the construction of a petrochemical facilities in Sumqayit, Azerbaijan.

More: Oil and gas

Interpipe debt restructuring

US$1 billion restructuring of debt portfolio (2011). Restructuring and consensual reduction of same portfolio (closed, 2019).

Unicredit and EBRD

Financing of the expansion of the Chelopech gold and copper mine in Bulgaria.

SUEK

Numerous pre-export financings for this Russian coal producer (including $1.5 billion in 2018 and $1.2 billion in 2019). 

More: Mining and minerals

Saudi Electric Company

Advising on the 1,360MW Rabigh Independent Power Project.

EBRD

Restructuring of its $200 million project financing of a power plant in Slovenia.

EBRD

Acting for EBRD on its €24.5 million project financing of a 30MWp solar plant in the Kamianka region of Ukraine for Scatec Solar.

Awards

Oil and gas and Trade finance

Oil and gas and Trade finance

Energy & natural resources: Oil & gas

Energy & natural resources: Oil & gas

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© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.