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 is advising Dana Holdings, a leading international, fully integrated real estate, investment, and development group of companies, in connection with implementation of the landmark Minsk World development project in the Belarusian capital, Minsk. To date, this is the largest project of its kind, regulated by special decree of the President of Belarus and aimed […]
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 has advised Nordea, the largest financial services group in northern Europe, on the transfer of its Baltic banking business, operated by Nordea Bank Finland in Estonia, Latvia and Lithuania, to its Swedish parent company Nordea Bank. This was the first transfer of a pan-Baltic credit institution business as a going concern of such scale […]
Sorainen Belarus is acting as local counsel for the European Bank for Reconstruction and Development on an extension of a EUR 10 million loan for Evrotorg to finance the company’s investment projects. Evrotorg (trade network Evroopt) is one of the biggest commodity market operators in Belarus. So far, Evroopt has 123 shops throughout the country, including […]
