Business Lines » Capital Markets

Capital Markets

Our Services

The capital markets team of Expat Capital develops innovative products and strategies that broaden capital-raising opportunities for local large and medium-sized companies. Our professionals advise domestic businesses seeking to take advantage of the capital market in Bulgaria, providing them comprehensive fixed income and equity solutions (both private and public).

Furthermore, Expat Capital's experience and network provide issuers with superior access to senior level decision makers at buy-side local institutions and international investors.


How We Add Value

We assist our clients in developing and clearing financial concepts for specific projects or for their overall business, utilizing an extensive range of capital market investment tools including bonds, equity financing, hybrid capital and securitization through special purpose vehicle (SPV) establishments, Real Estate Investment Trusts (REITs), etc.

Expat Capital is involved in all phases of the deal origination and execution, comprising research, due diligence, structuring, marketing, negotiations and closing. The activities that the team undertakes typically include advice on:
  • Capital structure of the company/project with optimal levels of leverage
  • Security structure (including terms and conditions such as volume, currency, interest rates, collateral and covenants, private or public transactions)
  • Market capacity and prospective investors approach
  • Offering memorandums/investment proposals preparation

Expat Capital maintains strong business relations with leading local banks and other financial institutions, thus making available a complete range of investment banking & brokerage services to our clients. Our team also has in-depth knowledge and experience in the capital markets regulatory framework, and cooperates closely with the Financial Supervision Commission, the Bulgarian Stock Exchange – Sofia and the the Central Depository.


Why Expat Capital

Our capital markets professionals utilize years of securities and transactions structuring experience, including corporate and mortgage bond issues, IPOs, secondary public offerings, and real estate project securitization. We have proven we are able to identify, develop and credibly support comprehensive investment tools to achieve clients' financial goals.