CMS has advised OTP Bank, DSK Bank, and Eurobank on the EUR 110 million refinancing of the Business Park Sofia with Arco Capital Corporation. Reed Smith and Wolf Theiss advised Arco Capital on the transaction, which was signed on July 8 and closed on July 31, 2020.
According to CMS, “Business Park Sofia operates the largest office building complex in Bulgaria (16 buildings and more than 200,000 square meters built-up area), one of the most prominent locations for hosting international companies in the CEE.”
CMS’s team included Sofia-based Partner Dimitar Zwiatkow, Senior Associate Ivan Gergov, and Associates Marin Drinov and Marin Sarafov, as well as Belgrade-based Partner Milica Popovic.
Reed Smith’s team was led by Partner Leon Stephenson.
Wolf Theiss’ team was led by Partner Katerina Kraeva and included Associates Konstantin Altandzhiyski and Nikiolay Gergov.