On July 2020, ОАО ASB Belarusbank has raised 60 million euro as a syndicated loan, marking the first transaction in the Belarussian market for BCS Global Markets, which builds on its vast experience in this area in Russia and the CIS. Our team made a debut as the Mandated Lead Arranger of a syndicated loan. BCS Global Markets believes syndicated lending will continue to develop in Belarus and is planning to arrange new deals going forward.
Two tranches were issued as part of the deal, 12-month Tranche А and 18-month Tranche B. The loan will be used for general corporate purposes as well as to finance trade contracts of the borrower’s customers related to the imports of goods, equipment and services from Russia and other countries. The deal has been closed under Russian law with the participation of nine financial institutions from four countries.
ОАО ASB Belarusbank is the largest universal systemically important lender in Belarus offering the full range of banking products and services. It is a leader in terms of equity, assets, loan book, and deposits.
The Bank has international ratings from the world’s top agencies: B from Fitch, B from S&P, Caa1 from Moody's.
It has recently come to our attention that some individuals in Estonia with whom we have no business relationship have received phone calls from an individual purporting to be a BCS GM employee and soliciting BCS GM investment services and investments. Please note that BCS GM does not maintain an office in Estonia. We also take no action to promote our services in Estonia through phone calls or otherwise. If you ever have any questions of whether a person contacting you is actually an employee of BCS GM, please do not hesitate to contact us at +44 20 7065 2161 or email at email@example.com
We also strongly recommend that you report any such cases to the national police.