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 institution and a member of the World Bank Group, focused exclusively on the private sector in developing countries. A-100, one of the most active privately held developers in Minsk region, is involved in construction of commercial and residential real estate, including shopping centres, offices, residential districts, auto centres, logistics and warehousing complexes.
The Sorainen team advising the client throughout all stages of the transaction consists of partner Kiryl Apanasevich, senior associate Ann Laevskaya and associate Hanna Volchak.
