We acted for Asian Development Bank in relation to its $10 million secured loan facility for Rupshi Seed Crushing Limited, a member of City Group in Bangladesh. The facility is to be used to finance the construction of a green field energy-efficient, multi-oilseed crushing plant within the City Economic Zone in the Narayanganj District of Bangladesh.

We acted as English law counsel to Asian Development Bank in relation to the sale of its 13.9% shareholding in Ameriabank CJSC, the largest bank in Armenia by assets, to purchasers Bank of Georgia Group plc and Bank of Georgia JSC.

We acted for Asian Development Bank in relation to its GEL 65,000,000 credit facility for Credo Bank JSC.

We acted as international counsel to Asian Development Bank in relation to its $30 million secured loan facility for cashmere

We advised Asian Development Bank on its AZN 34,000,000 loan facility for Bank Respublika OJSC.

We have advised Asian Development Bank in relation to its US$10 million loan facility for Mongolian non-bank lender InvesCore NBFI JSC for the financing of micro, small, and medium-sized enterprises. Half of the facility will be funded by B Loans, with ADB as the lender of record. The loan facility provides for a significant proportion of the facility to be disbursed in local currency.