Sidley Advises Joint Bookrunners and Lead Arrangers on Ardshinbank’s US$600 Million Eurobond Offering

Sidley advised Citibank, J.P. Morgan, Oppenheimer, and Mashreq in their roles as joint bookrunners and lead arrangers on Ardshinbank’s successful US$600 million Eurobond offering.

This is a landmark debt capital markets transaction for Armenia, marking the largest-ever international bond offering by a private Armenian issuer. The issuance was structured as a Regulation S/Rule 144A offering of loan participation notes, issued through a Dutch special purpose vehicle.