Eurasian Business Alliance at the 2nd ACRA Forum, LOTTE Hotel, Moscow

On November 18, 2025, the Second Forum of the Analytical Credit Rating Agency (ACRA) was held at LOTTE Hotel Moscow - a follow-up to the 2024 IPO Forum. The agenda covered the development of Russia’s equity capital market, year-end results, and key trends in the public debt market amid the pivot in the key interest rate.

The Eurasian Business Alliance was represented by President Andrey Morozov, Vice President Evgeny Shimanovsky, and Chairman of the Board of Trustees Alexander Torshin. The business program included meetings with representatives of the regulator and the exchange, issuers, banks, market professionals, as well as legal and consulting firms.

Sessions discussed in detail:

• Practical steps to go public (IPO): preparation phases, fair valuation, investor mix, placement strategies.
• Debt market transformation: emergence of new instruments and borrowers, and the impact of rate policy.
• Business–finance cooperation to channel capital into the real economy.

Outcomes for the Alliance:

• Built a pool of target contacts among bookrunners, issuers, and investment advisers.
• Reached agreements on joint events with market participants, including thematic financial forums.

The Eurasian Business Alliance will continue to participate systematically in the professional dialogue, bringing together investors, issuers, and infrastructure partners to grow the capital market and launch practical projects.

*Photo: Andrey Morozov and Evgeny Shimanovsky with ACRA CEO Vladimir Gusakov.