Djingov, Gouginski, Kyutchukov & Velichkov, working with Linklaters, has advised joint lead managers Citigroup, ING Bank, J.P. Morgan, and UniCredit on the dual-tranche EUR 4 billion sovereign bond issuance by the Republic of Bulgaria under its EUR 27 billion global medium-term note program. At the same time, DGKV advised arrangers and dealers BNP Paribas, HSBC, and Societe Generale on the update of the Republic of Bulgaria’s GMTN Program to EUR 27 billion. Tsvetkova Bebov & Partners, member of Eversheds Sutherland, and Clifford Chance advised the Republic of Bulgaria.

Greenberg Traurig has advised Benefit Systems on its accelerated book building process for 280,000 Series H new-issue shares raising PLN 742 million (approximately EUR 173 million) with Jefferies, Santander Bank Polska – Santander Biuro Maklerskie, Banco Santander, and WOOD & Company Financial Services as the joint global coordinators. Baker McKenzie advised the joint global coordinators.

DLA Piper has promoted Andras Orban to Counsel and Head of Equity Capital Markets and Viktor Romsics to Counsel and Head of Infrastructure, Construction, and Transport.

DLA Piper has advised UBM Development on the issuance of its first deeply subordinated green hybrid bond, raising EUR 65 million under UBM’s Green Finance Framework. Wolf Theiss advised Raiffeisen Bank International as sole structuring adviser, bookrunner, paying agent, and dealer manager for the buy-back offer.

Herbst Kinsky has advised Biogena on its EUR 10 million bond issuance.

RKKW has advised closed-end investment fund Value on its investment agreement and conditional purchase of PLN 100 million of series A bonds convertible into shares of Cognor Holding from 4Workers.