Boyanov & Co and Kalo & Associates have advised Albania Telecom Invest Bulgaria and One Telecommunications SHA Albania on a refinancing loan made by a club of banks including OTP Bank Hungary, DSK Bank Bulgaria, and Banka OTP Albania, for a principal amount of EUR 37 million with a maturity of 10 years. Wolf Theiss advised the lenders on the deal.
According to Boyanov & Co, the initial loan of EUR 48.5 million, from First Investment Bank, was used by ATI in 2019 to acquire a controlling stake in One, previously Telekom Albania, from OTE.
Boyanov & Co’s team was led by Partner Damian Simeonov.
Kalo & Associates’ team was led by Co-Managing Partner Aigest Milo.
Wolf Theiss' team included Albania-based Partner Sokol Nako and Associate Kristaq Profkola and in Bulgaria-based Partner Katerina Kraeva.