RESO Leasing

cancelled

Translated version of this PSD: Russian The EBRD is considering providing a senior loan of USD 40 million equivalent to RESO-Leasing, a Russian leasing company. The funds will be used by RESO-Leasing for extending local currency lease products to medium-sized enterprises. The proposed debt financing will support Russia’s under-served SME sector. The Loan will be used by RESO-Leasing to acquire assets (trucks, trailers, light commercial vehicles, equipment and passenger cars) for on-leasing to SMEs operating across the European part of Russia, Ural and Siberia. The Project will also diversify RESO-Leasing funding base and will ensure high standards of business conduct in a sector which is not regulated. RESO-Leasing, established in 2003, is one of the fastest growing leasing companies in Russia: 18th largest in Russia in terms of new business in 2012 with above 50% growth on average in the last 3 years. The Company is part of RESO Group. USD 40 million. USD 40 million. Categorised FI. Reso Leasing will be required to comply with EBRD PRs 2 & 9, implement the EBRD's Environmental and Social Procedures for Leasing and submit Annual Environmental and Social Reports to the Bank. The loan will be supported by advisory services to be provided by a consultant (to be selected) and financed by RESO-Leasing and donor funds. The project will aim to assist RESO-Leasing to strengthen key operational and credit risk management capacities of the company. Alexey Kostylev, Finance Director, RESO-Leasing LLC 129090, Moscow, Schepkina street, 4 phone: +7 (495) 956-39-12, internal number 5152 e-mail: kostylev@resoleasing.com www.resoleasing.com