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PM&P Advises on Dairewa-Profi Credit Bulgaria Financing

PM&P Advises on Dairewa-Profi Credit Bulgaria Financing


Penkov, Markov & Partners has advised both Dairewa BV and PROFIREAL Group subsidiary Profi Credit Bulgaria on a cross-border non-syndicated loan of up to EUR 14 million deal between the two.

According to PM&P, the firm "was assigned to coordinate international legal teams in finding the best solution feasible aimed not only to reconcile the interests of both parties but also to advise on the structure of the deal, main financing agreement and on various Czech security packages. Our experts were fully engaged in the establishment of a pledge on receivables over more than 5,500 consumer credit contracts in Bulgaria being one of the collaterals under the financing."

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm in Central and Eastern Europe. With 13 offices located in Belgrade, Bratislava, Brussels, Budapest, Bucharest, Chisinau, Istanbul, Ljubljana, Prague, Sofia, Vienna, Warsaw and Zagreb, as well as country desks for Albania, Bosnia-Herzegovina, Macedonia, Montenegro and Ukraine, Schoenherr provides its clients with comprehensive coverage of the CEE/SEE region. More than 300 legal professionals work across borders in both a centralized and de-centralized manner, according to the individual client’s needs and requirements. Quality, flexibility, innovation and practice-oriented solutions for complex assignments in the field of business law are at the core of the Schoenherr philosophy.

Firm's website can be found, here.

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