Investment Banking

We provide investment banking services to a wide range of clients, including Russian and international corporates, financial institutions, conglomerates and family offices. We are focused on building long-term relationships with our clients and helping them to achieve strategic and financial objectives through value-add, tailored solutions.

We strongly believe in the Russian market and plan to actively develop strategic dialogue with our clients, based on knowledge and experience of our team, and unique capabilities of BCS platform — a leader in Russian equities.

Equity Capital Markets

BCS Global Markets has an experienced team with a track record of working on a number of successful large and visible IPOs and SPOs in Russia and internationally, in a leading role in the syndicate of banks.

Our ECM professionals provide best in class advice and solutions that address any potential challenges during preparation and ensure seamless execution of equity capital raising transactions.

Our ECM professionals work together with a wider BCS Global Markets equities platform with proven distribution capabilities and dedicated research team. Our Russia-focused distribution platform accounts for more than 20 professionals in Moscow, London and New York alongside an execution platform rated in the top three for global markets, with full access to Russia-focused institutional investors.

Our research team includes more than 15 equity and fixed income professionals covering all key sectors of the Russian economy and nearly all Russian public companies included in MSCI Russia, FTSE Russia and RDX indices and companies representing over 98% weight in the MOEX/RTS index.

Equity Capital Markets services

IPO

Initial public offerings (IPO) on both international and local markets

SPO

Fully-marketed secondary public offerings (SPOs)

ABB / Block trades

Accelerated bookbuilds (ABB) and block trades of shares

Private placement

Raising capital via non-public placement with a limited number of investors

Share buybacks and take private

Buyback of shares of any complexity and taking public companies back to privately owned status

Group Positive
September 2022
1 billion rubles
Secondary
Public Offering
(SPO)
Group Positive
2021
DIRECT LISTING


Direct listing
SPB EXCHANGE
November 2021
175 million dollars
IPO
Joint Bookrunner
RENAISSANCE INSURANCE
October 2021
19.4 billion rubles
IPO
Senior Bookrunner
MKB
May 2021
22.7 billion rubles
SPO
Joint Bookrunner
GLOBALTRUCK
2019-21
Buy-back
Broker
SAMOLET GROUP
October 2020
2.9 billion rubles
IPO
Joint Bookrunner
TMK
2020
Buy-back
Solicitation Agent
AFK SISTEMA
2019-20
Buy-back
Broker
GLOBALTRUCK
November 2017
3.5 billion rubles
IPO
Joint Global Coordinator and Bookrunner
Obuv Rossii
October 2017
5.9 billion rubles
IPO
Joint Global Coordinator and Bookrunner
United Wagon Company
May 2017
1.9 billion rubles
SPO
Joint Bookrunner
RussNeft
November 2016
32.4 billion rubles
IPO
Joint Bookrunner

Debt Capital Markets

Our DCM capabilities include full range of debt origination and distribution services, with expertise in Eurobonds and ruble domestic bonds issuance. We provide flawless execution and a flexible approach to DCM structuring and access to a broad base of investors —from institutional to retail.

With best in the market DCM professionals, we endeavor to become a company of first choice when it comes to an issue of local market high yield bonds or investment grade debt.

Our principal products in DCM include:

  • Exchange-Traded Bonds
  • Green Bonds
  • Social Bonds
  • Retail Bonds
  • Securitization
  • Liability Management

Contact information

Natalia Vinogradova, Deputy Head of the Debt Capital Markets Department, BCS Global Markets
[email protected]

SOVCOMBANK
December 2020
10 billion rubles
Bond issue
Series BO-P03
BELUGA GROUP
December 2020
5 billion rubles
Bond issue
Series BO-P04
X5 Retail Group
November 2020
5 billion rubles
Bond issue
Series 001R-07
AFK SISTEMA
November 2020
5 billion rubles
Bond issue
Series 001R-16
AFK SISTEMA
November 2020
14 billion rubles
Bond issue
Series 001R-17
SPE MOS MSP 3
November 2020
4 billion rubles
Bond issue
A class
RUSAL
November 2020
15 billion rubles
Bond issue
Series BO-001R-04
MAXIMA TELECOM
November 2020
2.5 billion rubles
Bond issue
Series BO-P02
Softline
October 2020
4.95 billion rubles
Bond issue
Series 001R-04
SPE MOS MSP 3
October 2020
6.2 billion rubles
Bond issue
A class
VIS GROUP
October 2020
2.5 billion rubles
Bond issue
Series BO-P01
AFK SISTEMA
September 2020
10 billion rubles
Bond issue
Series 001R-15
PIK Group
September 2020
7 billion rubles
Bond issue
Series 001R-03
Garant-Invest
August 2020
700 million rubles
Bond issue
Series 001R-07
Home Credit
August 2020
3 billion rubles
Bond issue
Series 001R-04
Mortgage Agent Absolut 5
August 2020
4 billion rubles
RMBS issue
Series 01
Business-Realty
August 2020
4 billion rubles
Bond issue
Series 001R-01
AFK SISTEMA
July 2020
10 billion rubles
Bond issue
Series 001R-14
MAXIMA TELECOM
July 2020
3 billion rubles
Bond issue
Series BO-P01
X5 Retail Group
June 2020
10 billion rubles
Bond issue
Series 001R-12
Reso Leasing
June 2020
5 billion rubles
Bond issue
Series BO-P-03
RUSAL
June 2020
10 billion rubles
Bond issue
Series BO-002R-01
EUROOPT
June 2020
5 billion rubles
Bond issue
Series 001R-01
G-GROUP
June 2020
1 billion rubles
Bond issue
Series 001R-01
SPE Social Development
June 2020
5.6 billion rubles
Social Bond issue
A class, B and M
X5 Retail Group
May 2020
10 billion rubles
Bond issue
Series 001R-11
AFK SISTEMA
May 2020
15 billion rubles
Bond issue
Series 001R-13
ROSNANO
March 2020
6.5 billion rubles
Bond issue
Series BO-002R-04
BRUSNIKA
March 2020
4 billion rubles
Bond issue
Series 001R-01
SPE RUSOL 1
February 2020
900 million rubles
Green bond issue
B class
SEGEZHA GROUP
January 2020
10 billion rubles
Bond issue
Series 001R-07
PIK Group
December 2019
7 billion rubles
Bond issue
Series 001R-02
Garant-Invest
December 2019
500 million rubles
Bond issue
Series 001R-06
PIONEER GROUP
December 2019
5 billion rubles
Bond issue
Series 001R-04
SPE MOS MSP 3
December 2019
5.8 billion rubles
Bond issue
A class
NOVOTRANS
December 2019
6 billion rubles
Bond issue
Series 001R-01
AFK SISTEMA
April 2019
10 billion rubles
Bond issue
Series 001R-10
ROSNANO
April 2019
13.4 billion rubles
Bond issue
Series 08
Garant-Invest
March 2019
6 billion rubles
Bond issue
Series 001R-05
Avtoban
March 2019
3 billion rubles
Bond issue
Series BО-P02
X5 Retail Group
February 2019
5 billion rubles
Bond issue
(secondary placement)
Series BO-07
X5 Retail Group
February 2019
5 billion rubles
Bond issue
Series 001R-04
Reso Leasing
February 2019
5 billion rubles
Bond issue
Series BО-P-02
AFK SISTEMA
February 2019
10 billion rubles
Bond issue
Series 001R-09
AFK SISTEMA
February 2019
10 billion rubles
Bond issue
(secondary placement)
Series 001R-07
Sollers Finance
December 2018
3 billion rubles
Bond issue
Series BO-P01
Softline
December 2018
1 billion rubles
Bond issue
Series 001R-02
Credit Europe Bank
December 2018
3 billion rubles
Bond issue
Series 001R-02
Legenda
July 2018
1.45 billion rubles
Bond issue
Series 001R-01
PIK Group
June 2018
4 billion rubles
Bond issue
Series BО-P07
PIK Group
June 2018
6 billion rubles
Bond issue
Series BО-P06
X5 Retail Group
March 2018
10 billion rubles
Bond issue
Series 001R-03
Element Leasing
March 2018
5 billion rubles
Bond issue
Series 001R-01
MTS
March 2018
10 billion rubles
Bond issue
Series 001R-06
MTS
March 2018
10 billion rubles
Bond issue
Series 001R-05
Lider Invest
February 2018
4 billion rubles
Bond issue
Series BО-PO2
JSFC Sistema
February 2018
10 billion rubles
Bond issue
Series 001R-07
Softline
December 2017
2.7 billion rubles
Bond issue
Series 001R-01
Garant-Invest
December 2017
1 billion rubles
Bond issue
Series 001R-03
Kortros
December 2017
2 billion rubles
Bond issue
Series BO-04
Megafon
October 2017
15 billion rubles
Bond issue
Series BO-001R-03
Kortros
September 2017
5 billion rubles
Bond issue
Series BO-03
PIK Group
August 2017
10 billion rubles
Bond issue
Series BO-P03
Obuv Rossii
July 2017
1.5 billion rubles
Bond issue
Series BO-01
Chelyabinsk Tube Rolling Plant
June 2017
10 billion rubles
Bond issue
Series 001R-04
Tinkoff Bank
June 2017
300 million dollars
Bond issue
Series 9,25% perpetual
TMK
June 2017
10 billion rubles
Bond issue
Series BO-07
Baltic Leasing
June 2017
4 billion rubles
Bond issue
Series BО-P01
Carcade Leasing
June 2017
2.5 billion rubles
Bond issue
Series BO-03
Uralkali
May 2017
15 billion rubles
Bond issue
Series PBO-03-R
PIK Group
April 2017
10 billion rubles
Bond issue
Series BО-P02
JSFC Sistema
April 2017
15 billion rubles
Bond issue
Series 001R-06
Kortros
April 2017
3 billion rubles
Bond issue
Series BО-07
Avtoban
April 2017
3 billion rubles
Bond issue
Series BО-P01
PIK Group
March 2017
13 billion rubles
Bond issue
Series BО-P01
Home Credit
March 2017
1.5 billion rubles
Bond issue
Series 001R-01
Polyplast
January 2017
650 million rubles
Bond issue
Series BO-03
Lider Invest
December 2016
3 billion rubles
Bond issue
Series BО-P01
Almazergien Bank
December 2016
500 million rubles
Bond issue
Series 001-BО
PIK Group
October 2016
5 billion rubles
Bond issue
Series BО-07
Element Leasing
October 2016
300 million rubles
Bond issue
Series BО-04
OJSC Khabarovsk Airport
September 2016
100 million rubles
Bond issue
Series 001-BО

Mergers & Acquisitions

BCS has one of the best investment banking teams in the Russian market with all senior bankers having extensive experience of working for the leading Russian and international banks.

Our team has completed numerous M&A transactions, including a number of landmark deals in Russia and globally.

We focus on creating value for our clients across a wide range of transactions of various size and complexity. Regardless of the deal size we provide each of our clients with the same level of dedication, innovation and excellence in execution.

M&A services
  • Buy-side advisory
  • Sell-side advisory
  • Private placements
  • Joint ventures
  • Divestments and spin-offs

Our Team and Sector Expertise

Our team is comprised of over 15 investment banking professionals with comprehensive expertise across the following sectors:

  • Oil and Gas
  • Metals and Mining
  • Consumer Products and Retail
  • TMT
  • Power and Utilities
  • Financial Services
  • Automotive and Transportation
  • Pharmaceuticals and Healthcare Services

Our established relations with key companies and good understanding of sector dynamics, allow us to deliver unparalleled full-service solutions to our clients.