Wolf Theiss has advised Bulgarian-American Credit Bank on its issuance and listing of EURÂ 15 million 8.00% 2024-2034 subordinated tier 2 notes.
According to Wolf Theiss, "the subordinated notes were placed with professional clients and eligible counterparties and are governed by the laws of Bulgaria. They have a maturity of ten years with an issuer call right after five years, along with a denomination of EURÂ 100,000 each."
The Wolf Theiss team included Partner Katerina Kraeva, Counsel Nikolaus Dinhof-Renezeder, Associates Sebastian Prakljacic and Rainer Holweg, and Legal Trainees Paola Zgurova and Peter Marcher.