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PM&P Advises on Dairewa-Profi Credit Bulgaria Financing

PM&P Advises on Dairewa-Profi Credit Bulgaria Financing

Bulgaria
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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 providing local and international companies stellar advice that is straight to the point. With 14 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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