Mon, Sep
40 New Articles

CMS and Wolf Theiss Advise on EUR 110 Million Refinancing of Business Park Sofia

CMS and Wolf Theiss Advise on EUR 110 Million Refinancing of Business Park Sofia

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

CMS has advised OTP Bank, DSK Bank, and Eurobank on the EUR 110 million refinancing of the Business Park Sofia with Arco Capital Corporation. Reed Smith and Wolf Theiss advised Arco Capital on the transaction, which was signed on July 8 and closed on July 31, 2020.

According to CMS, “Business Park Sofia operates the largest office building complex in Bulgaria (16 buildings and more than 200,000 square meters built-up area), one of the most prominent locations for hosting international companies in the CEE.”

CMS’s team included Sofia-based Partner Dimitar Zwiatkow, Senior Associate Ivan Gergov, and Associates Marin Drinov and Marin Sarafov, as well as Belgrade-based Partner Milica Popovic.

Reed Smith’s team was led by Partner Leon Stephenson.

Wolf Theiss’ team was led by Partner Katerina Kraeva and included Associates Konstantin Altandzhiyski and Nikiolay Gergov.

CMS at a Glance

Founded in 1999, CMS is a full-service top 10 international law firm, based on the number of lawyers (Am Law 2018 Global 100). With 70+ offices in 40+ countries across the world, employing over 4,800 lawyers, CMS has longstanding expertise both at advising in its local jurisdictions and across borders. CMS acts for a large number of Fortune 500 companies and the FT European 500 and for the majority of the DAX 30. Revenues totalled EUR 1.36bn in 2018.

In Russia, CMS has been supporting its clients since 1992. The Moscow office offers a full range of legal and tax services across 21 practice and sector groups. Over 50 lawyers qualified in Russian, English, French and German law advise international clients on all matters relating to doing business in Russia and CEE, and support Russian companies doing business in Europe and other countries.

Firm's website.