Tsvetkova Bebov & Partners, member of Eversheds Sutherland, working alongside Clifford Chance, has advised Eurobank Bulgaria on its issuance of covered bonds under the country’s newly adopted Covered Bonds Act. Djingov, Gouginski, Kyutchukov & Velichkov, working with Linklaters, advised Citi as the sole bookrunner and trustee.
According to Tsvetkova Bebov & Partners, the EUR 500 million floating-rate bonds, due in 2032, were issued under the regulatory framework aligned with the Covered Bonds Directive, transposed into Bulgarian law in mid-2022. The bonds have been admitted to trading on the Euro MTF Market of the Luxembourg Stock Exchange.
The Tsvetkova Bebov & Partners team included Managing Partner Nikolay Bebov, Partner Damyan Leshev, and Senior Associate Petar Ivanov.
The DGKV team included Partners Gergana Monovska and Georgi Tzvetkov, Senior Associates Tsvetelina Bayraktarova and Deyan Bogdanov, and Associate Alek Kosev.