GlobalCapital, a leading news, opinion and data service covering international capital markets, named Eurotorg the Most Impressive Debut Issuer in Emerging Markets in its 11th annual Bond Awards in London.
The awards are entirely the result of a poll of market participants and as such, reflect the opinion of the market. Eurotorg successfully placed its debut Eurobond issue in October of 2017. Andrei Zubkou, CEO of Eurotorg, commented: “In 2017 Eurotorg, the largest grocery retailer in Belarus, became the country’s first corporate Eurobond issuer. This was an important step for our company and for the country as a whole. This award from GlobalCapital provides well-deserved recognition of our team’s hard work and highlights Belarus’ economic and investment potential.
“We are proud the investment community has praised Eurotorg’s debut in international capital markets and we will continue to leverage our unique market position to achieve future growth and communicate with the investment community in an open and transparent manner. We believe that our efforts will also help contribute to raising the attractiveness of Belarus as an investment destination.”
Dmitry Gladkov, managing director of Renaissance Capital, the bookrunner of the Eurotorg’s issue, commented: “The debut international issue by Eurotorg has captured truly global investor attention. This placement is testimony to the strength of its management, the business position of the company and increasing attractiveness of Belarus as an investment destination. The company’s Eurobonds have performed very strongly in the secondary market, showing ongoing investor interest and recognition of the strength of Eurotorg’s credit story and quality.”
The winners were announced at a gala event in London in the evening of May 23rd.