CHRYSSES DEMETRIADES HOME ABOUT US CORE DEPARTMENTS OUR PEOPLE CONTACT US Cyprus Leading law firm For nearly a century Chrysses Demetriades & Co LLC has been at the forefront of the development of Cyprus into a shipping and financial center. The journey continues unabated with the same sound foundations and principles that have driven the firm forward … WATCH OUR VIDEO Corporate & Commercial Shipping & Ship Finance Litigation & Dispute Resolution Find a lawyer We pride in our skilled, committed and creative professionals. With 20 partners, and over 50 lawyers and 150 staff the firm is well placed to offer high-level advice and legal support. All Sections Administrative, Constitutional & Public Law Associates Aviation Banking & Finance Capital Market & Financial Services Compliance & Regulatory Construction Consultant Corporate & Commercial Criminal Data Protection Employment Energy, Utilities & Infrastructure EU & Competition Family Law Incorporation & Administration of Legal Entities Inheritance & Succession Insolvency & Corporate Recovery Insurance International Arbitration IT & Intellectual Property Litigation & Dispute Resolution M & A Maritime & Admiralty Media , Entertainment & Sports Naturalisation/Immigration Partners Real Estate Shipping & Ship Finance Tax Trusts SEARCH News Chrysses Demetriades & Co. LLC (CDC) has acted as Cypriot law counsel to the underwriters on the US$500 million Initial Public Offering of the Cyprus registered United Medical Group CY PLC, Russia’s leading multidisciplinary premium-class healthcare services provider operating under the European Medical Center brand, on the Moscow Exchange. Demosthenes Mavrellis, Banking and Financial Markets Partner, who lead the firm’s deal team said that this shows a consistent flow of work in the field of Capital markets for Russian interest companies registered in Cyprus, following the Qiwi, Headhunter and Etalon offerings, in which CDC has also acted as Underwriters’ counsel. Moreover, this transaction is the first to be conducted under the new Russian legislative framework, which provides issuers with flexibility in listing GDRs only on a Russian stock exchange, without a primary listing on a foreign venue, which opens the way for further similar listings. Citigroup Global Markets Limited, J.P. Morgan AG and VTB Capital plc acted as joint global coordinators and joint bookrunners. The CDC team that advised on the transaction was led by partner Demosthenes Mavrellis and included senior associate Christos Heracleous. White & Case LLP acted as U.S., English and Russian сounsel to the Underwriters. Legal | Terms | Data Privacy Policy Copyright © 2020 Demetriades.com. All rights reserved.