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CMS and Wolf Theiss Advise on EUR 110 Million Refinancing of Business Park Sofia

CMS and Wolf Theiss Advise on EUR 110 Million Refinancing of Business Park Sofia

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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.

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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