Year of implementation:

2017

PARTIES AND PARTICIPANTS IN THE PROJECT:







Advising Slavkaliy group of companies on financing potash mining and processing facility in Belarus. This is the largest investment project in Belarus to this date. The financing was arranged on the basis of an export financing loan from China Development Bank to Belarusbank and a back-to-back loan agreement between Belarusbank and the Client. The CDB-Belarusbank loan was secured by a sovereign guarantee from Belarus. The client provided security in the form of a mortgage of the facility in construction as well as a commitment to repay Belarus in event of default. The total deal value is USD 1.5 bln.