Alfa Communications, April 26, 2021

Eurohold Headquarters

 Еurohold, the largest Bulgarian public holding and a leading independent financial and insurance group operating in the CEE/SEE/CIS region, has mandated J.P. Morgan AG to act as its lead and exclusive arranger for structuring the debt financing related to the deal with CEZ Group.

“We are glad to retain one of the leading and most experienced institutions worldwide in such complex transactions, especially in the energy sector. This is a further step towards the completion of the acquisition of CEZ Group’s subsidiaries in Bulgaria by the end of the first half of the year“, commented Vasil Stefanov, Head of Mergers and Acquisitions at Eurohold.

In March Eurohold announced a plan to increase its capital by issuing new shares on the Bulgarian Stock Exchange (BSE). It will allow the holding to raise up to EUR 100 million. Eurohold will offer for subscription more than 79 million new ordinary shares with a nominal value and issue price of BGN 1 and BGN 2.50 a piece respectively.

Eurohold Bulgaria AD

Eurohold Bulgaria is a leading independent business group in the CEE/SEE/CIS region and the largest public holding in Bulgaria by revenues. It operates in the field of insurance, leasing, car sales, asset management and investment services. It is listed on the BSE and the WSE. It owns Euroins Insurance Group (EIG), one of the largest independent insurance groups in the CEE/SEE/CIS region, which operates in 11 countries and owns subsidiaries in Bulgaria, Romania, North Macedonia, Ukraine, Georgia, Russia and Belarus. EIG also operates in Greece and Poland, and has niche insurance operations in Spain and Italy. Currently the insurance group has more than 4 million clients and over 3000 employees.

www.eurohold.bg

J.P. Morgan AG

J.P. Morgan AG is a stock company registered with the local court of Frankfurt am Main, Germany. Registration number HRB 16861. Registered Office Taunustor 1 (TaunusTurm), 60310 Frankfurt am Main, Germany. J.P. Morgan AG is authorized by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – “BaFin“), Marie-Curie-Straße 24-28, 60439 Frankfurt am Main, and supervised by BaFin, the German Central Bank (“Deutsche Bundesbank”), Taunusanlage 5, 60329 Frankfurt am Main and the European Central Bank, Sonnemannstraße 20, 60314 Frankfurt am Main.

www.jpmorgan.com