EBRD Extends EUR 10 mn Loan to Evrotorg
OREANDA-NEWS. January 17, 2013. 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, reported the press-centre of SORAINEN.
Evrotorg (trade network Evroopt) is one of the biggest commodity market operators in Belarus. So far, Evroopt has 123 shops throughout the country, including the biggest discounter Evroopt with a total area of 20,501 m2.
SORAINEN assistance includes performing legal due diligence, consultations on compliance of the credit agreement with Belarusian law, preparation of security documents and legal opinion. The SORAINEN team is led by partner Kiryl Apanasevich and senior associate Ann Laevskaya.
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