Following a long period of political instability, including five snap parliamentary elections in the past couple of years, as of June 2023, Bulgaria has a broad coalition government supported by a large parliamentary majority.

Djingov Gouginski Kyutchukov & Velichkov, Allen & Overy, and RTPR have advised Lion’s Head Investments on a EUR 150 million financing from the International Finance Corporation.

Lambadarios has advised RWE Renewables and PPC Renewables on the financing for their 940-megawatt portfolio of solar farms in Amyntaio, Western Macedonia, through their Meton joint venture company. Karatzas & Partners advised Eurobank, Alpha Bank, and the National Bank of Greece on the financing.

Czabanski & Galuszynski has advised the Focus Estate Fund on obtaining financing for the acquisition of the Galeria Sandecja shopping center in Nowy Sacz from BNP Paribas. Dentons reportedly advised BNP Paribas.

Nestor Nestor Diculescu Kingston Petersen has advised a syndicate of banks on providing a EUR 101.5 million loan facility to the RodBun Group, by refinancing and increasing its existing facilities by EUR 37.14 million. Tuca Zbarcea & Asociatii advised the RodBun Group.

Norton Rose Fulbright has advised PKO Bank Polski, EBRD, ING Bank, Credit Agricole, Santander, Bank Pekao, mBank, and PZU on their PLN 2.8 billion syndicated refinancing of Fiberhost, INEA, and their associated companies. Clifford Chance advised the borrowers.