First Syndicated Facility in 2021
First Syndicated Facility in 2021
In the year of celebration of its 30th anniversary, Belagroprombank raised another Syndicated Facility in the amount of EUR 75 million for a tenor of 1 year with the option of further extension for a similar period. The bank received the funds on May 12, 2021.
The track record of Belagroprombank's presence in the syndicated lending market has been enriched by another unique project. The deal, completed this year, became the 14th in the history of the bank. The funds provided to the bank will be used to support foreign trade projects of the bank's customers, the bank's press service commented on the deal. - This transaction was the first in 2021 on the Belarusian market, and its successful implementation will promote the organization of new transactions in the debt capital markets by other Belarusian borrowers.
Belagroprombank expresses gratitude to all participants of the Syndicated Facility and congratulates on the successful implementation of the deal.