Baker McKenzie Advises Syndicate of Lenders on EUR 193 Million Dual Currency Term Loan Facilities for Asakabank

Baker McKenzie has acted as legal counsel to a syndicate of lenders on dual currency (EUR and CNH) term loan facilities equivalent to EUR 193,440,000 granted to Asakabank, with Kosta Legal acting as local counsel in Uzbekistan.

Standard Chartered and First Abu Dhabi Bank PJSC acted as coordinators, initial mandated lead arrangers, and bookrunners. The syndicate of lenders comprised a mix of European and Middle Eastern commercial banks and funds.
The transaction was successfully completed on 9 December 2025.