Belarus bond pushes disclosure standards

Author: | Published: 12 Aug 2010

Belarus’s $600 million debut sovereign bond should raise the disclosure standards for the country’s corporates.

“Sovereign benchmark issues usually act as an opening door for non-government issues," said Carter Brod, a partner at White & Case in Moscow who led the team acting as English counsel to the Republic of Belarus. "This offering could be expected to lead the way for Eurobond issues by Belarusian companies.”

And the government’s acceptance of the level of disclosure required on new sovereign deals should also...