BOYANOV & Co. Advised Fraport Twin Star Airport Management AD on a EUR 70.9 Million Deal
BOYANOV & Co. Advised Fraport Twin Star Airport Management AD (a JV between Fraport AG, the company operating the Fraport Airport, and a local partner, holding concessions for operation of the civil airports on the Bulgarian Black Sea Coast – Varna and Bourgas) on a EUR 28 million financing from UniCredit Bulbank AD for the rehabilitation of the airport terminals at the Varna Airport and the Bourgas Airport, as well as on a EUR 42.9 million financing for the same purpose by a subsidiary of Fraport AG. The total value of the deal is EUR 70.9 million.
BOYANOV & Co.’s team was led by partner Damian Simeonov.