Cleary Gottlieb advised Rosinter Restaurants and its founder and principal shareholder, Mr. Rostislav Ordovsky-Tanaevsky Blanco, in a $25 million secondary public offering of shares managed by Renaissance Securities, carried out in February 2010.
Rosinter Restaurants is Russia’s largest casual dining business. Its shares are listed on the RTS and MICEX, the two leading Russian stock exchanges. The net proceeds of the offering are to be used by the principal shareholder to support an upcoming primary issuance. Cleary Gottlieb has advised Rosinter Restaurants on a wide range of matters since 2005, including its June 2007 IPO.
