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Eversheds Sutherland Advises on Third TBI Bank EUR 20 Million MREL Notes Issuance

Eversheds Sutherland Advises on Third TBI Bank EUR 20 Million MREL Notes Issuance

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Eversheds Sutherland Bulgarian member firm Tsvetkova Bebov & Partners has advised on TBI Bank's EUR 20 million issuance of MREL notes.

The notes mature in 2026.

TBI Bank is a financial technology bank operating in Bulgaria, Romania, and Greece.

In 2024, Eversheds Sutherland advised on the second TBI Bank EUR 10 million issuance of MREL Notes (as reported by CEE Legal Matters on February 2, 2024), and, in 2023, Eversheds Sutherland advised on the first TBI Bank EUR 10 million issuance of preferred MREL bonds (as reported by CEE Legal Matters on July 26, 2023).

The Eversheds Sutherland team included Managing Partner Nikolay Bebov, Partner Damyan Leshev, Counsel Maria Karacholova, and Senior Associate Petar Ivanov.