The lawyers of Egorov Puginsky Afanasiev & Partners Minsk and Saint-Petersburg law offices represented the interests of European Bank for Reconstruction and Development (EBRD) in relation to the preparation of documents for a loan extension to Medin Group for the purposes of increasing its production capacity.
Medin Group is one of the world’s leading producers of medical equipment and furniture for medical treatment facilities. The long-term financing by EBRD will enable Medin Group to meet a growing demand for medical equipment driven by the development of private medical care and the modernization of the state-run health systems in Belarus, Russia, Kazakhstan and Ukraine.
Within the frameworks of the project the lawyers of Minsk office have carried out an extensive part of the work on the loan agreement and a package of security documents, including a deed of guarantee and indemnity, movables pledges, mortgage agreement. The joint team of lawyers from Minsk and Saint-Petersburg EPA&P Law Offices has carried out the due diligence of the borrower and the guarantors under the project – Belarusian and Russian member-companies of Medin Group.
The interests of the client were represented by the team of lawyers of Egorov Puginsky Afanasiev & Partners and under the supervision of the managing partner of Minsk Office Dennis Turovets including the senior lawyers Igor Odinets (Minsk) and Elena Agaeva (Saint-Petersburg).