Deals & Cases

BOYANOV & Co. Advised the European Investment Bank on the Financing of the Construction of a New Oil Processing Factory in Bulgaria

BOYANOV & Co. advised the European Investment Bank (EIB) on the financing of the construction of a new (greenfield) oil processing factory in Bulgaria by Oliva AD, the leading sunflower oil producer and grain trader in Bulgaria. The loan was the first EIB transaction in Bulgaria, in which a private company benefited from the support of the EU budget guarantee under the European Fund for Strategic Investments (EFSI), the financing component of the Investment Plan for Europe (IPE). The loan agreement was signed on the date on which the Bulgarian Prime Minister Boyko Borissov and European Investment Bank President Werner Hoyer formally inaugurated the new EIB Group Office for Bulgaria in Sofia – 18 September 2017. BOYANOV & Co.’s team was lead by Partner Damian Simeonov and Senior Associate Georgi Drenski.