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CMS Advises on Smarty Group Financing

Czech Republic
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CMS has advised a club of Czech banks including Ceska Sporitelna, Ceskoslovenska Obchodni Banka, Komercni Banka, and Raiffeisenbank, on financing for Smarty Brands Group. 

Smarty is a Czech Republic-based retailer and distributor of consumer electronics and mobile phones.

According to CMS, the financing, designed to refinance existing debt and provide additional funds for operational needs and 2025 investments, consolidates the banks’ bilateral arrangements under one umbrella facilities agreement. Selected lenders continue to provide standalone financing supported by the European Investment Fund, with intercreditor provisions enabling coexistence with senior financing. 

The CMS team included Partner Petra Mysakova, Senior Associate Zuzana Nikodemova, Associate David Bujgl, Lawyer Matej Eberle, and Junior Lawyer Michal Vaclavik.

CMS was unable to provide additional information on the matter.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

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