OREANDA-NEWS. September 07, 2015. In August 2015, B&N Bank`s team held meetings with asset management companies, funds and banks in Latin America within the framework of its non-deal road show.

BCP Securities, a company with a solid expertise and a wide range of relationships in Latin America, was appointed as the arranger for this trip.  B&N Bank’s team was represented by Alexander Lukin, President, Irina Komarova, Senior Vice President, and Aysylu Yakusheva, Head of International DCM.  

“Latin America is a great opportunity for searching new partners for B&N Bank. We have traveled to Latin America for the first time. Despite the significant geographical distance from Russia to USA, Brazil and Chile, we were amused to learn that our Latin American colleagues had enough knowledge about Russian economy and experience in investing into Russian companies.  In case of a favorable market situation and firm orders from the investors, B&N Bank expects to place a new ECP issue of US\$20-30 million under its ECP Programme for Latin American investors,” said Irina Komarova.  

In July 2015, B&N Bank placed Euro-Commercial Papers of series 08 and 09 worth US\$50 million for international investors. Brazilian investors also participated in these placements with limited amounts. In 2015 B&N Bank was a pioneer among Russian issuers in the international debt capital market.