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STZ and Boyanov & Co Advise on EUR 40 Million Loan Facility for Eurohold Bulgaria

STZ and Boyanov & Co Advise on EUR 40 Million Loan Facility for Eurohold Bulgaria

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Stoeva Tchompalov & Znepolski, working with Morrison & Foerster, has advised Eurohold Bulgaria on accessing a EUR 40 million loan facility. Boyanov & Co, working with Linklaters, has advised arranger, agent, and original lender JP Morgan. Loyens & Loeff reportedly advised Eurohold on Dutch law-related matters.

"The proceeds of the loan will be used by Eurohold to finance the purchase of the euro medium-term notes issued by Eurohold that were tendered within a consent solicitation and tender offer procedure," STZ informed. "The facility was secured with, among others, Bulgarian and Dutch pledges."

Eurohold is an energy and insurance company in Southeast Europe. Eurohold Bulgaria is a Bulgarian Stock Exchange-listed company operating in four complementary businesses, including financial services, leasing, insurance, and car sales.

The STZ team was led by Partner Iordan Tchompalov and included Senior Associate Miroslava Iordanova and Associate Tihomir Todorov.

The Boyanov & Co team was led by Partner Damian Simeonov and included Principal Associate Ralitsa Nedkova.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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