Sorainen Belarus acted as local counsel for the International Finance Corporation (IFC) on the extension of a USD 10 million loan to the A-100 Development Group of Companies (A-100). The loan agreement was signed on 31 May 2015 to refinance construction of commercial real estate in Minsk and Minsk Region. IFC is a global financial […]
Sorainen Belarus advised Bank of Moscow, a member of Russia’s VTB Group, on the sale of its Belarusian subsidiary, Bank Moscow-Minsk, to the Belarusian state. The state was represented in the transaction by the National Bank of Belarus and government-owned Paritetbank, which respectively acquired 99.75 % and 0.25 % shares in the target bank. The […]
Sorainen Belarus acted as local counsel for the Eurasian Development Bank (EDB) on the extension of a USD 15 million loan to the “Vasily Kozlov” Minsk Electrotechnical Plant (METZ). The loan agreement was signed in Minsk on 18 August to finance modernisation of equipment used in production of transformers. Total project value exceeds USD 55 […]
Sorainen Belarus jointly with the Moscow office of Chadbourne & Parke is advising on trust management arrangements with regard to MAZ and KamAZ shares in the context of potential formation of a holding company. MAZ and KamAZ are the automotive giants in the Republic of Belarus and the Russian Federation respectively. The majority shareholder of KamAZ is Russian state corporation Rostec. […]
Sorainen Belarus advised Getin Holding on its acquisition of 95.5% stake in the Belarusian Bank for Small Business (BBSB). BBSB is a Belarus-based bank, launched in 2008 by leading international public and private financial institutions, including EBRD, IFC, Swedfund, FMO and KfW. The main focus of the Bank is to support development of small businesses […]