Archive for May, 2014

Boyanov & Co. advised Citigroup on €185 million notes

Wednesday, May 21st, 2014

BOYANOV & Co. advised Citigroup Global Markets Limited as underwriter of €185 million new notes issued by Glasstank B.V., a Dutch SPV of the Yioula Group (a leading producer of glass containers for the food and beverage industries in the Balkan region, with main production subsidiaries in Bulgaria and Romania). BOYANOV & Co. advised the underwriter and the initial purchaser of the Notes on all Bulgarian law matters related to the guarantee and security provided for the notes by the Bulgarian subsidiaries of the group. BOYANOV & Co. also advised the Security Agent, Wilmington Trust, on the Bulgarian security for the notes. The deal closed successfully on 21 May 2014.