IFLR1000

Republic of Bulgaria €8 billion GMTN programme

1/3/2015
Bond/note programme
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$ 8 billion

Completed

1/3/2015

Overview:

  • The Republic of Bulgaria has established an €8 billion GMTN programme.
  • Moody's gave the programme a Baa2 rating.
  • The proceeds raised will be used to refinance government debt and cover the budget deficit.
  • Citigroup Global Markets, HSBC, Société Générale and Unicredit acted as arrangers and dealers.

Sam Duke - Editor

Jurisdictions:

United Kingdom
Bulgaria

Deal type:

Bond/note programme

Practice area:

Capital markets : Debt

Industry sector:

Government and public policy

Firms:
Clifford Chance

Party: Republic of Bulgaria (Issuer)

Djingov Gouginski Kyutchukov & Velichkov

Party: Citigroup (Arranger)

Party: HSBC (Arranger)

Party: Societe Generale Bank & Trust (Arranger)

Party: Unicredit (Arranger)

Lawyers: Georgi Tzvetkov, Vessela Stancheva-Mincheva

Eversheds Sutherland Bulgaria

Party: Republic of Bulgaria (Issuer)

Lawyer: Nikolay Bebov

Linklaters

Party: Citigroup (Arranger)

Party: HSBC (Arranger)

Party: Societe Generale Bank & Trust (Arranger)

Party: Unicredit (Arranger)

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