Sorainen advised the European Investment Bank (EIB) on its two lending transactions with the largest Belarusian banks totalling up to EUR 105 million.

The EIB is a non-profit lending institution of the European Union established in 1958 under the Treaty of Rome and the world’s largest multilateral lender supporting sustainable investment projects that contribute to EU policy objectives.

Both projects are aimed at enhancing access to finance for small- and medium-sized enterprises (SMEs) in Belarus.

The Sorainen team advised the EIB on Belarusian law aspects of the financing, including revision of finance documents, conducting limited legal due diligence on the borrowers, and issuing a legal opinion.

Our team consisted of partner Kiryl Apanasevich with senior associate Ann Laevskaya and associate Artem Melnikovich.