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Wolf Theiss Advises Bulgarian-American Credit Bank on Subordinated Notes Issuance and Listing

Wolf Theiss Advises Bulgarian-American Credit Bank on Subordinated Notes Issuance and Listing

Bulgaria
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Wolf Theiss has advised Bulgarian-American Credit Bank on its issuance and listing of EUR 15 million 8.00% 2024-2034 subordinated tier 2 notes.

According to Wolf Theiss, "the subordinated notes were placed with professional clients and eligible counterparties and are governed by the laws of Bulgaria. They have a maturity of ten years with an issuer call right after five years, along with a denomination of EUR 100,000 each."

The Wolf Theiss team included Partner Katerina Kraeva, Counsel Nikolaus Dinhof-Renezeder, Associates Sebastian Prakljacic and Rainer Holweg, and Legal Trainees Paola Zgurova and Peter Marcher.