Biography

Elena Rey-Sabinina is a partner in Brown Rudnick's Finance Group in London and senior member of the European Special Situations practice.

Elena represents private equity funds, property companies, family offices and high net worth individuals on complex corporate finance, general lending and real estate financings as well as NPLs and debt restructurings. As a member of the Special Situations team, Elena provides a range of services from helping clients to raise finance for corporate and real estate projects to introducing co-partners and connecting sources of capital to off-market investment opportunities.

Elena holds law degrees from Harvard University and Lomonosov Moscow State University, and is fluent in Russian and French. She is admitted to practice in England & Wales, and is also a member of the New York and Russian bar.

Representation

Real Estate Finance

Financing for the £260m acquisition by Queensgate real estate fund of a serviced office business from a large private equity house;

Senior financing of the acquisition by a UK based family office of a €120 m prime hotel asset in Germany;

£150m Financing provided to a US real estate fund for an acquisition of a UK secondary property portfolio;

Investment and exit by hedge fund into a €700m Hotel loan portfolio in Ireland;

£200m financing by a family office into a retail property portfolio in the centre of London;

Investment by a hedge fund into a $900m distressed hotel loan portfolio across the UK and US.

General Lending and Acquisition Finance

Advised on a $5bn financing in connection with the acquisition by NLMK, a leading Russian metallurgical company, of Russian Railways.

Advised on the commercial completion of the $3.7bn BTC Pipeline Financing (Baku-Tbilisi-Ceyhan Project), with financing provided by multilateral lending agencies, export credit agencies, state owned companies, political risk insurers and a syndicate of 15 commercial bank underwriters.

Advised Goldman Sachs on a €480mn refinancing of existing senior, mezzanine and PIK facilities; structured a cross-border security package.

Advised a leading Russian investment company on a number of margin-loan financings provided by US, Swiss and UK banks, including advice on the U.S. anti-terrorist legislation and OFAC covenants.

Advised Harbourvest on a vendor financing in connection with a sale of one of its funds.

Advised a leading Russian steel company in connection with a $450mn financing provided by the EBRD.

Advised Clayton, Dubilier & Rice on the restructuring of its cross-border security package.

Advised a Russian high net worth individual on the provision of a personal guarantee in connection with a real estate financing.

Advised BP on its world-wide reorganisation and a disposal of its chemicals businesses in over 20 jurisdictions

Advised Prudential on the UK aspects of its structured financing, cross-border security package and enforcement issues.

Advised a major Russian investment company on certain aspects of its existing REPO agreements and ISDA documentation.

Education

Harvard Law School – LLM, 2004
Lomonosov Moscow State University – J.D., (Hons.), 2000

Bar Admissions

England & Wales
The State of New York
Russia

Languages

Russian
French
English
Publications
Speaking Engagements
Professional Affiliations
Awards and Honors