Liniya Prava has advised Gazprombank on it joint role as "co-manager" (along with Otkritie FC Bank, Sovcombank, and the Eurasian Development Bank) and underwriter on the Republic of Belarus's August 7, 2019 placement of two bond issuances on the Moscow Stock Exchange.
The three-year government bonds were for a total amount of RUB 10 billion with a coupon rate of 8.65% per annum.
According to Liniya Prava, "this placement was the first exit of the Republic of Belarus to the Russian public debt market after an almost ten-year hiatus. During 2019-2020, the Republic of Belarus plans to place three more issues of government bonds in the Russian market for a total amount of 20 billion Russian rubles."
The Liniya Prava team was led by Partner Andrei Novakovsky and Lawyer Alexander Kuznetsov.
