EXPERTISE
Banking, Finance & Capital Markets

Kinstellar advises KMF on its milestone transformation into a bank

April 2025 – Kinstellar has advised KMF, Kazakhstan’s largest microfinance organisation, on obtaining the regulatory approval for its voluntary conversion into a second-tier bank. The approval, granted by the Agency for Regulation and Development...

Kinstellar Bulgaria: Banking, Finance & Capital Markets briefing

April 2025 – Kinstellar routinely monitors developments in finance, commercial, and contract law and in key regulatory areas relevant for financial institutions in Bulgaria in order to provide the most up-to-date information to our clients operating...

Kinstellar advises JSC Kaspi.kz on landmark USD 650 million Eurobond issuance

April 2025 – Kinstellar is pleased to have acted as Kazakhstan counsel to JSC Kaspi.kz in its successful debut bond issuance, raising USD 650 million through 6.250% senior unsecured notes due in 2030. This marks the largest investment-grade bond issuance...

Kinstellar and Linklaters advised the EBRD and Raiffeisen Bank International on their lending for the 238 MW Tenevo PV power plant in Bulgaria

March 2025 – Kinstellar Sofia acting as Bulgarian counsel, alongside Linklaters Milan acting as lead counsel, advised the EBRD and Raiffeisen Bank International on their lending to Tenevo Solar Technologies for the construction and operation of one...

Navigating the legal landscape: The implementation status of MiCA

February 2025 – As the cryptocurrency market continues to captivate investors worldwide, understanding the regulatory landscape becomes more crucial than ever. In this respect the Markets in Crypto Assets Regulation (the MiCA) is a ground-breaking initiative...

Digital Finance Act: A new era for crypto-assets in the Czech Republic

February 2025 – On 15 February 2025, Czech Act No. 31/2025 Coll., on the implementation of European Union regulations in the area of financial market digitisation (the Digital Finance Act), came into force. This legislation serves as an adaptation act...

Kinstellar Sofia advises UniCredit Bulbank on Minimart’s first corporate bond issue

February 2025 – Kinstellar has advised UniCredit Bulbank as lead manager of the private placement of corporate bonds worth EUR 25 million by Minimart, a fast-growing chain of convenience stores in Bulgaria.

Kinstellar and KST Law assist Balderton Capital in leading the USD 30M Series A financing round for Grand Games

January 2025 – Kinstellar and KST Law are excited to have assisted Balderton Capital in leading the USD 30M Series A financing round for Grand Games, a visionary mobile gaming company focused on delivering genre-defining experiences.

Kinstellar advises EBRD on supply chain financing for Profi

January 2025 – Kinstellar is pleased to announce that, together with Sullivan & Worcester, we have advised the European Bank for Reconstruction and Development (EBRD), partnering with Banca Transilvania on implementing a supply chain financing programme...

Kinstellar advises syndicate of banks on a EUR 73 million financing to Grup Serban Holding

December 2024 – Kinstellar is delighted to announce we have advised a syndicate of banks led by BRD Groupe Société Générale and Banca Transilvania on a EUR 73 million syndicated facility to Grup Serban Holding. BRD Groupe Société Générale and...