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15 October 2012

Asters Acts as One of the Counsels to the EBRD in Connection with USD 30 Million Convertible Loan to Prognoz Group

Asters acts as one of the counsels to the European Bank for Reconstruction and Development (the EBRD) in connection with a USD 30 million convertible loan to Prognoz group, the leading Russian software developer for business intelligence (BI) applications.

The purpose of EBRD funding is to promote the expansion of Prognoz group's international operations and support development of the group's BI products.

Asters' team working on the project consisted of partner Iryna Pokanay and associate Gabriel Aslanian.

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