Sofia South Ring Mall Secures EUR 79 Million Refinancing
Deal News | Jun 25, 2025 | CEE Legal Matters
In a significant financial transaction, Sofia South Ring Mall, a prominent retail property in Sofia, Bulgaria, has completed a EUR 79 million cross-border refinancing. The legal advisory roles were crucial in facilitating this deal: law firm Wolf Theiss advised the mall, while Dentons and Boyanov & Co provided legal counseling to the lenders, which include Eurobank Bulgaria, Eurobank Greece, and Eurobank Luxembourg Private Bank. The Wolf Theiss advisory team was led by Partners Katerina Kraeva and Nicholas Coddington alongside their colleagues. Dentons and Boyanov & Co also fielded experienced teams to manage the complexities of the refinancing.
Sectors
- Commercial Real Estate
- Legal Services
- Banking and Finance
Geography
- Bulgaria – The refinancing deal centers on Sofia South Ring Mall, a retail property located in Sofia, Bulgaria.
- Greece – Eurobank Greece is one of the lenders involved in the refinancing deal.
- Luxembourg – Eurobank Luxembourg Private Bank is a participant in the financing consortium.
Industry
- Commercial Real Estate – The article focuses on the commercial real estate sector, specifically on the refinancing of a major shopping mall in Bulgaria.
- Legal Services – Multiple law firms were involved in advising the different parties in this refinancing transaction, highlighting the role of legal services in financial deals.
- Banking and Finance – The involvement of Eurobank entities in the refinancing deal underscores the relevance of the banking and finance industry.
Financials
- EUR 79 million – The total amount of the refinancing transaction for Sofia South Ring Mall.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sofia South Ring Mall | Target Company | Company | A shopping mall located in Sofia, Bulgaria, which is the subject of the refinancing deal. |
| Eurobank Bulgaria | Lender | Company | One of the financial institutions providing financing for the mall's refinancing. |
| Eurobank Greece | Lender | Company | A Greek bank part of the lending consortium facilitating the refinancing. |
| Eurobank Luxembourg Private Bank | Lender | Company | A Luxembourg-based bank involved in the refinancing deal. |
| Wolf Theiss | Legal Advisor to Target | Company | The law firm providing legal advice to Sofia South Ring Mall. |
| Dentons | Legal Advisor to Lenders | Company | A law firm advising the lenders in the refinancing. |
| Boyanov & Co | Legal Advisor to Lenders | Company | Another law firm providing legal counsel to the lenders. |