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.