Legal services
Banking Law, Finance, and Security Interests
Financing transactions depend on security interests that are valid, duly perfected, and enforceable. We advise lenders and borrowers on Bulgarian legal aspects of financing, from conditions precedent to the perfection of collateral.
Who the service is for
Borrowers, lenders, investors, and corporate treasury teams with assets or obligors in Bulgaria.
What the service includes
- Review of bilateral and syndicated facility documentation
- Mortgages, pledges over shares, receivables, bank accounts, and movable assets
- Perfection and registration of security in relevant Bulgarian public registers
- Intercompany loans and shareholder financing
- Legal capacity, corporate authority, and legal opinions for Bulgarian obligors
- Restructuring, amendment, and release of security interests
How the work proceeds
- 01
Term Sheet Review
We identify Bulgarian law requirements at the initial term sheet stage.
- 02
Security Structuring
We map the assets and determine the appropriate form of security for each.
- 03
Documentation
Security documents and corporate approvals are drafted and negotiated.
- 04
Perfection
Filings and notarial proceedings are executed and verified.
What timing and outcome depend on
- Availability of corporate approvals and authorised signatories
- Procedures at public registers and notary offices for each specific type of security
- Lender requirements and alignment with foreign-law finance documents
Timeframes are indicative where they depend on institutions, banks or other third parties.