M&A deals

• Part of the team advising the buy-side in the purchase of the authorized Maserati importer and the authorized Ferrari authorized service and pre-owned dealer in Bulgaria;
• Part of the team advising the buy-side in the acquisition of software engineering and digital product/application development company Dreamix by Synechron, Inc., a leading global digital transformation consulting company;
• Part of the team advising the buy-side - Nippon Express Holdings, Inc., the renowned Japan-based logistics company in the acquisition of Cargo-Partner subsidiaries in Central and Eastern Europe;
• Part of the team advising the buy-side in the acquisition of the authorized Mazda importer in Bulgaria;
• Part of the team advising the buy-side in the acquisition of the Bulgarian operator of AVIS and Budget rent-a-car business in Bulgaria;
• Part of the team advising EnerSys Holdings in their divestment of Bulgarian assets and operations in Targovishte, Bulgaria.

TMT advice

• Providing day-to-day advice and legal assistance to GTT Bulgaria EOOD, the Bulgarian subsidiary of the multinational telecommunications and internet service provider company GTT Communications, Inc., on the applicability of the local telecom regulations regarding its obligations as provider of electronic communications networks and services;
• Part of the team advised EXA Infrastructure on local telecom regulatory compliance matters in relation to its joint venture with Trans Adriatic Pipeline AG for building a new fibre route connecting France with Turkey in a major expansion of EXA Infrastructure’s European network.
• Part of the team assisted Vonage B.V. in registering as provider of electronic communications services in Bulgaria and in carrying out its reporting obligations under Bulgarian telecom laws.
• Part of the team providing Motorola Solutions Germany GmbH ongoing legal advice on the applicability of the local telecom regulations regarding its WAVE on Cloud service, assisting in registering as provider of electronic communications services in Bulgaria, and in carrying out their reporting obligations under Bulgarian telecom laws.

• Bulgarian
• English

Financing deals:

•  Advised a Syndicate of Banks: Assisted UniCredit Bulbank, United Bulgarian Bank, Eurobank Bulgaria, and Raiffeisen Bank International on financing the construction and operation of a 160MW photovoltaic power plant in the Maglizh Municipality, Bulgaria, as well as subsequently on the financing of an additional battery energy storage system (BESS) to it
• Advised J.P. Morgan and Lenders: Provided counsel to a syndicate of major international and local banks on financing a subsidiary of Eurohold Bulgaria for the acquisition of CEZ’s electricity distribution business in Bulgaria, including subsequent refinancing and facility increase
• Advised DSK Bank: Advised on the financing of the construction of the 123MW Verilla PV power plant near Dupnitsa, Bulgaria, as well as on its extension to 150 MW and subsequently adding a BESS to it
• Advised OTP Bank Plc (Hungary) and DSK Bank AD (Bulgaria): Assisted in the refinancing of MET Renewables AG (Switzerland) for the acquisition of a 60MW wind park in North East Bulgaria from Eolica Bulgaria
• Advised OTP Bank and DSK Bank: Provided counsel on syndicated financings for the acquisition of a 42MW wind power plant in Bulgaria
• Advising ITower: Assisted in the financing of the construction of the first Marriott Hotel in Sofia by Eurobank o   Advised UniCredit Bulbank and United Bulgarian Bank: Assisted in the financing of Plastchim-T’s acquisition of Manucor S.p.A, Italy
• Advised J.P. Morgan and Wilmington Trust: Advised the Agent and Security Agent in relation to the accession of Alvogen Pharma Trading Europe EOOD as an additional guarantor to loan agreements totalling over €2 billion, financing Zentiva’s acquisition of Alvogen group companies, as well as on subsequent additional financings to the group
• Advised a Syndicate of Banks Led by Česká Spořitelna: Provided guidance on the Bulgarian law aspects of a financing to support KKCG Group and its portfolio company ARICOMA Group International AB in acquiring Musala Soft, a prominent Bulgarian software company, and its subsidiaries, as well as on the subsequent refinancings
• Advising Raiffeisenbank International AG: Provided counsel on the financing of the construction of Sofia Airport Center, a major logistics center near Sofia Airport, and subsequent restructurings of such financing
• Advised Credit Suisse and Morgan Stanley: Advised the initial purchasers of EUR 275 million secured notes issued by Standard Profil Automotive GmbH (Germany), a leading supplier of sealing profiles for automotive manufacturers
• Advised BNP Paribas, Citigroup Global Markets Limited, and J.P. Morgan Securities: Assisted with bonds issued by Energo-Pro a.s. and guaranteed by its local subsidiary, Energo-Pro Varna EAD, the electricity distribution company in Northeast Bulgaria
• Advised Vivacom: Assisted the leading Bulgarian telecommunications business in refinancing EUR 400 million senior secured notes

• Bulgarian
• English

M&A deals

• Leading the team advising the buy-side in the purchase of the authorized Maserati importer and the authorized Ferrari authorized service and pre-owned dealer in Bulgaria;
• Leading the team advising the buy-side in the acquisition of software engineering and digital product/application development company Dreamix by Synechron, Inc., a leading global digital transformation consulting company;
• Leading the Bulgarian legal team advising the buy-side - Nippon Express Holdings, Inc., the renowned Japan-based logistics company in the acquisition of Cargo-Partner subsidiaries in Central and Eastern Europe;
• Leading the Bulgarian legal team advising Meta in the acquisition of Bulgarian software company;
• Leading the team advising the Bulgarian partner in the first East-European project of Motorworld Group, Germany;
• Leading the team advising the buy-side in the acquisition of the authorized Mazda importer in Bulgaria;
• Leading the team advising the buy-side in the acquisition of the Bulgarian operator of AVIS and Budget rent-a-car business in Bulgaria;
• Leading the team advising EnerSys Holdings in their divestment of Bulgarian assets and operations in Targovishte, Bulgaria. The team provided legal support and assistance to the Bulgarian operations of EnerSys since its entry into the Bulgarian market in the period 2006 – 2007.

TMT advice

• Providing day-to-day advice and legal assistance to Microsoft Bulgaria and its affiliates on contractual, compliance and regulatory matters related to, inter alia, cloud computing, B2B and B2C solutions, commercial issues, personal data protection, etc. We are also providing day-to-day advice and legal assistance on contractual, and employment matters as well as advice on public procurement matters. BOYANOV & Co. is proud to support various industry and social initiatives of Microsoft Bulgaria such as participation as a speaker in various technology conferences and providing pro bono advice to local tech start-ups;
• Providing ongoing regular legal advice to Meta, including on matters related to personal data protection and the usage of various innovative technology;
• BOYANOV & Co. has advised on a number of occasions Volkswagen AG and Audi AG in respect of local telecommunication regulations, data protection, e-privacy, consumer protection and other relevant aspects in relation to innovative digital services offered by them;
• Advised Bytedance on the applicability of the local telecom, personal data protection and cybersecurity regulations regarding content delivery networks;
• Advises the local subsidiary of major multinational telecom company in the procedure for obtaining of license as Electronic Money Institution of its Bulgarian subsidiary;
• Advised the leading local logistics company in the procedure for obtaining of license as Electronic Money Institution, now successfully completed;
• Advised Robinhood on certain local compliance issues;
• Assisted the developer of compliance software and services Cleversoft Group GmbH in relation to conducting due diligence of its local subsidiary cleversoft Bulgaria EOOD in relation to an investment transaction;
• Providing day-to-day advice and legal assistance to GTT Bulgaria EAD, the Bulgarian subsidiary of the multinational telecommunications and internet service provider company GTT Communications, Inc., on the applicability of the local telecom regulations regarding its obligations as provider of electronic communications networks and services;
• Provided advice and assistance to major local insurance company in relation to a serious cyber incident;

• Bulgarian
• English

• Secondment at Philip Morris Bulgaria during which he advised and assisted the local subsidiary of PMI in relation to its day-to-day legal matters, e.g. consumer protection, competition issues, production, distribution, internal procedures, excise tax obligations and procedures, marketing, services agreements. Further to this secondment, Deyan provides ongoing support to the client on complex legal matters, including data protection and management of consumer database and direct marketing regulations, review of contracts and general terms and conditions, product regulations and labelling advice;
• Audits and advice implementation with respect to GDPR compliance for multiple clients, including a leading distributor of premium vehicles in Bulgaria, the local subsidiary of an international manufacturer of bathroom solution, sanitary ware and plumbing fixture, a leading pharmaceutical company, and leading retail and wholesale chains;
• Advice and implementation of local whistleblowing channels for multiple clients, including the drafting of locally-specific documents and providing advice on the interaction between global and local whistleblowing channels;
• Providing regular advice to tech-related clients on regulatory compliance matters in the field of telecom regulations, personal data protection, e-identification, and digital signatures, connected vehicles, and cybersecurity;
• Acting data protection officer (as a service) of Angelini Bulgaria;
• Provided advice and assistance to major local insurance company in relation to a serious cyber incident;
• Advised Eurobank Bulgaria on implementing contractual clauses for provision of ICT services in compliance with the requirements of the DORA Regulation;
• Providing ongoing regular legal advice to Meta, including on matters related to personal data protection and the usage of various innovative technology, including in the context of employment;
• Advised on a number of occasions Volkswagen AG and Audi AG in respect of local telecommunication regulations, data protection, e-privacy, consumer protection, automotive regulations and other relevant aspects in relation to innovative digital services offered by them;
• Advised Bytedance on the applicability of the local telecom, personal data protection and cybersecurity regulations regarding content delivery networks, as well as on the applicable incident reporting regulatory regimes;
• Advised on the regulatory (including related to data security and encryption, electronic communications, electronic commerce, broadcasting) and intellectual property (copyright and licensing) aspects of Spotify’s innovative new information society service;
• Supported Kohlberg & Co in performing a personal data protection due diligence for Bulgaria related to the planned acquisition of a majority stake in Worldwide Clinical Trials, a privately held, leading global, full-service contract research organization.
• Advised Denso Corporation on the telecommunication-related legal aspects of providing their vehicle related technology connected services to customers such as OEMs and Fleet operators.
• Provided full legal support in the launch of the website for retail trade of bottled water and other beverages of Devin EAD, local subsidiary of Spadel.

• Bulgarian
• English

Financing deals

• Advised CountourGlobal on the transition of their thermal power plant in Bulgaria to renewable energy projects, including on the financing of a standalone battery electricity storage system (BESS), and a separate financing of a combined photovoltaic and BESS project
• Advised OTP Bank Plc (Hungary) and DSK Bank AD (Bulgaria): Assisted in the refinancing of MET Renewables AG (Switzerland) for the acquisition of a 60MW wind park in North East Bulgaria from Eolica Bulgaria
• Advised OTP Bank and DSK Bank: Provided counsel on syndicated financings for the acquisition of a 42MW wind power plant in Bulgaria
• Advised DSK Bank: Advised on the financing of the construction of the 123MW Verilla PV power plant near Dupnitsa, Bulgaria, as well as on its extension to 150 MW and subsequently adding a BESS to it
• Advised a Syndicate of Banks: Assisted UniCredit Bulbank, United Bulgarian Bank, Eurobank Bulgaria, and Raiffeisen Bank International on financing the construction and operation of a 160MW photovoltaic power plant in the Maglizh Municipality, Bulgaria, as well as subsequently on the financing of an additional battery energy storage system (BESS) to it
• Advised UniCredit Bulbank and United Bulgarian Bank: Assisted in the financing of Plastchim-T’s acquisition of Manucor S.p.A, Italy
• Advised J.P. Morgan and Lenders: Provided counsel to a syndicate of major international and local banks on financing a subsidiary of Eurohold Bulgaria for the acquisition of CEZ’s electricity distribution business in Bulgaria, including subsequent refinancing and facility increase
• Advised J.P. Morgan and Wilmington Trust: Advised the Agent and Security Agent in relation to the accession of Alvogen Pharma Trading Europe EOOD as an additional guarantor to loan agreements totaling over €2 billion, financing Zentiva’s acquisition of Alvogen group companies, as well as on subsequent additional financings to the group
• Advised a Syndicate of Banks Led by Česká Spořitelna: Provided guidance on the Bulgarian law aspects of a financing to support KKCG Group and its portfolio company ARICOMA Group International AB in acquiring Musala Soft, a prominent Bulgarian software company, and its subsidiaries, as well as on the subsequent refinancings
• Advised Eurobank S.A. and Alpha Bank S.A.: Assisted with the Bulgarian law aspects of financing Tyrbul, the Bulgarian subsidiary of Hellenic Dairies S.A., in acquiring United Milk Company, a leading Bulgarian dairy producing and marketing various milk products under multiple brand names
• Advised Eurobank S.A. Group: Assisted in the financing of two shopping centers in Bulgaria - Mall Galleria Burgas and Mall Galleria Stara Zagora
• Advising Raiffeisenbank International AG: Provided counsel on the financing of the construction of Sofia Airport Center, a major logistics center near Sofia Airport, and subsequent restructurings of such financing
• Advising ITower: Assisted in the financing of the construction of the first Marriott Hotel in Sofia by Eurobank and Black Sea Trade and Development Bank
• Advising Eurobank Bulgaria, Eurobank Greece and Eurobank Luxembourg: Advised the lenders on the refinancing of the above facility for ITower, as well as on subsequent hedging of the loan
• Advised Barclays Bank and HSBC: Assisted with a loan for a shopping mall in Bulgaria and subsequently on its refinancing by a new lender
• Advised Sofia South Ring Mall EAD: Provided counsel to the borrower, owned by Greek companies Fourlis Group and Danaos Corporation (local franchisees of IKEA), on the financing of the development of Sofia South Ring Mall, one of the largest malls in Sofia
• Advised Eurobank Bulgaria, Eurobank Greece and Eurobank Luxembourg: Advised the lenders on the refinancing of the above facility for Sofia South Ring Mall, as well as subsequently on the hedging of such loan
• Advised Credit Suisse and Morgan Stanley: Advised the initial purchasers of EUR 275 million secured notes issued by Standard Profil Automotive GmbH (Germany), a leading supplier of sealing profiles for automotive manufacturers
• Advised the Lead Manager: Provided counsel on a bond issue by Energo-Pro Varna, a holding company of several large energy companies in Bulgaria, including the electricity distribution company in Northeast Bulgaria
• Advised BNP Paribas, Citigroup Global Markets Limited, and J.P. Morgan Securities: Assisted with notes issued by Energo-Pro a.s. and guaranteed by its local subsidiary, Energo-Pro Varna EAD, the electricity distribution company in Northeast Bulgaria
• Advised Citigroup Global Markets Limited: Advised the underwriter of notes issued by Glasstank B.V., a Dutch SPV of the Yioula Group, a leading producer of glass containers for the food and beverage industries in the Balkan region, with main production subsidiaries in Bulgaria and Romania
• Advised Vivacom: Assisted the leading Bulgarian telecommunications business in refinancing EUR 400 million senior secured notes
• Advised Credit Suisse Securities (USA) LLC: Advised the representative of the initial purchasers of USD 400 million global senior secured notes (a Rule 144A offering) issued by Contour Global Power Holding S.A., with an underlying material subsidiary in Bulgaria, Contour Global Maritsa East 3 AD, one of the three largest thermal power plants in Bulgaria
• Advised EIB on a EUR 30 million financing of Boni Holding (a Bulgarian leader in the production of pork meat products)
• Advised Citibank on a funded copper metal collar financing of Asarel-Medet, the biggest Bulgarian company for open pit mining and processing of copper and other precious metals
• Advised on $300m Guaranteed Notes issued by Energo-Pro a.s. and guaranteed by, amongst others, its Bulgarian Subsidiary Energo-Pro Varna EAD, and issued a legal opinion on Bulgarian law aspects of the transaction.

M&A deals

• the sale of a special purpose vehicle owning real estates owned by a major bank in Bulgaria
• the sale of one of the largest telecom operators in Albania (One Telecom) to 4iG
• advising a large bank on the sale of a real estate SPV
• a PE fund on an acquisition of a shopping mall in Bulgaria
• on an attempted sale of a hotel in Bulgaria (through a share deal)
• Link Mobility (Norway) on the acquisition of a B2B messaging business in three jurisdictions from Alterco (Bulgaria)
• on the acquisition of one of the largest telecom operators in Albania (Telecom Albania, now One Telecom) from Cosmote Mobile Telecommunications S.A. (itself a subsidiary of Deutsche Telekom)
• on the acquisition of the largest Bulgarian telecom company (Bulgarian Telecommunications Company (BTC) aka as Vivacom)

• Bulgarian
• English
• Russian