Archive for October, 2013

Summary Comparison of Mortgage and Enterprise Pledge with Identification of Real Estates

Monday, October 28th, 2013

The traditional real estate security – the mortgage, is still very expensive and inflexible. Finance partner Damian Simeonov compares in this summary the mortgage with the less expensive and more flexible security – the enterprise pledge and discussed the benefits and downsides of each security.

Summary comparison between a mortgage and an enterprise pledge with identification of real estates

The Use of Parallel Debt in South-East Europe

Monday, October 28th, 2013

In this Article Boyanov & Co. partner Damian Simeonov reviews the feasability of using parallel debt structures in the context of syndicated lending to counterparties in Bulgaria and other South-East European countries.

The use of parallel debt in South East Europe

Mezzanine Financing

Wednesday, October 16th, 2013

A half-day seminar on mezzanine financing was held at the offices of Boyanov & Co. on 16 October 2013.

CFOs and legal counsels of banks, financial consultants, management funds and the business received valuable insights from speakers from the leading mezzanine financier in the region (Mezzanine Management based in Vienna) and from a finance partner from the Vienna office of a large international law firm.

Specific features and benefits of mezzanine financing in the region and in Bulgaria, legal documentation and legal issues of mezzanine financing were among the topics discussed.

Bulgaria Mezzanine Capital I also presented the new EUR 60 million mezzanine fund, co-funded by the JEREMIE programme of the European Investment Fund and dedicated specifically to providing mezzanine financing to small and medium-sized enterprises in Bulgaria.

Please contact Damian Simeonov at if you are interested in receiving more information about the programme and/or the topics discussed.