Russia gears up for domestic loan surge with LMA docs

By Dan Alderson
13 Nov 2014

The shut-out of international banks from lending to Russia due to US and EU sanctions has spurred a range of measures in the country aimed at developing the domestic loan market. This comes as Russian banks gear up for an expected surge in home syndicated deals next year.

One initiative that has been in the works for some time but has received fresh impetus recently is to create a document for Russian lending based on the Loan Market Association template for international deals. A first draft is set to be launched soon by the Association of ...

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