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BOYANOV & Co. Advised the International Investment Bank on the Granting of a Syndicated Loan to Sparky Eltos

BOYANOV & Co. advised the International Investment Bank (IIB) on the granting of a syndicated loan (with the Bulgarian Development Bank) to Sparky Eltos (a Bulgarian company engaged in the manufacturing of electric domestic tools and instruments) used to finance a new production line. The team worked on all aspects of the transaction including drafting and negotiating of the loan agreement and security documents and issued a legal opinion to IIB on Bulgarian law. The matter value of the deal was EUR 10 million.

BOYANOV & Co.’s team on the deal was led by Damian Simeonov, Partner and Head of Banking and Finance.

 

 

 

Copyright picture: IIB

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