Boyanov & Co., working with lead counsel Freshfields Bruckhaus Deringer, has advised initial purchasers Credit Suisse and Morgan Stanley on Bulgarian legal aspects of Standard Profil Automotive’s issuance of EUR 275 million 6.250% secured notes due 2026. Mayer Brown advised the issuer on the deal.
Standard Profil Group is a German producer of sealing profiles for automotive manufacturers, including brands of the BMW Group, Daimler, FCA, VW Group, Renault-Nissan, and Toyota, among others.
According to Boyanov & Co., the notes are guaranteed by the subsidiaries of the Standard Profil Group.
Boyanov & Co.’s team included Partner Damian Simeonov and Senior Associate Ralitsa Nedkova.
Mayer Brown’s team consisted, in the UK, of Partners Bernd Bohr, James Taylor, and Robert Flannigan, Senior Associate Asli Aksoylu, and Associate Whitney Joseph; in Germany, of Partners Martin Heuber, Volker Junge, Bernina Butt, and Andreas Lange, Counsels Jan Streer, Kirsten Schurmann, Malte Richter, and Susan Gunther, Senior Associates Tina Hoffmann, Hasine Azim, Armineh Gharibian, Ana Elisa Bruder, Marcel Horauf, and Stefanie Skoruppa, Staff Attorney Diego Noriega, and Associates Maximilian Kucking, Lisa Gesine Kirchner, and Max Birk; and in the United States, Partner Jared Goldberger and Associate David Goett and Joseph Lifsics.