OREANDA-NEWS. February 09, 2011. Belarus has received proceeds from the placement of an USD 800 million Eurobond issue, with coupon rate of 8.95% and maturity in 2018, the Finance Ministry said in a statement.

Interests will be paid on a six-month basis on January 26 and July 26. The first payment is due on July 26, 2011.

The lead arrangers of the issue are BNP Paribas, Deutsche Bank, The Royal Bank of Scotland and Russian Sberbank.

White & Case acted as a legal adviser on behalf of Belarus and Allen & Overy and Magisters as legal advisers on behalf of the arrangers.

The bonds have been listed at the Luxembourg Stock Exchange.