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DGKV Advises Bulgarian Bank Syndicate on Financing for Maxcom, Chipolino, and Maxbike

DGKV Advises Bulgarian Bank Syndicate on Financing for Maxcom, Chipolino, and Maxbike

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Djingov Gouginski Kyutchukov & Velichkov has advised Unicredit Bulbank, DSK Bank, and United Bulgarian Bank on their approximately EUR 160 million financing for Maxcom, Chipolino, and Maxbike.

Maxcom is a bicycle manufacturer. Maxbike is a bicycle vendor. Chipolino is a Bulgarian brand of strollers, car seats, baby carriers, high chairs, and other products related to sleeping, playing, and bathing.

According to the firm, the transaction included "various types of facilities extended under the facilities agreement and an unfunded participation stake of an international public financial institution."

DGKV’s team included Partner Georgi Tzvetkov, Senior Associate Deyan Bogdanov, and Associate Stephan Solachki.

Editor's Note: After this article was published, Schoenherr informed CEE Legal Matters that it advised the EBRD, which acted as the guarantor of the EUR 160 million syndicated facility. The firm's team included Attorneys Tsvetan Krumov and Kristina Lyubenova.

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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