Baker McKenzie Advised the Joint Lead Managers on Armenia’s USD 750 Million Notes Offering

Baker McKenzie has advised the joint lead managers, in connection with the offering of USD750 million 6.750% notes due 2035 by the Republic of Armenia, acting through the Ministry of Finance. 

The notes were issued pursuant to Rule 144A and Regulation S and were listed on the London Stock Exchange. The offering closed on 12 March 2025 and the Republic of Armenia will use the proceeds from the offering for general governmental purposes. 

Baker McKenzie Partner Megan Schellinger said: “We are pleased to have represented the joint lead managers on a second offering for the Republic of Armenia following on from our advice on its offering in 2021.”

The Baker McKenzie team was led by London Corporate Partner Megan Schellinger, and included Paul DePasquale (New York), Senior Associate Maxim Khrapov (London) and Associates Fani Chlampoutaki and Akshay Prasad (London), Jayshree Narendran (New York) and Trainee Andrey Ivanov (London).