With over thirty international and domestic banks operating in Bulgaria and the growing financing needs of Bulgarian enterprises, syndicated credits are becoming a rapidly expanding form of raising large debt facilities for domestic borrowers. Citi's leadership in arranging syndicated loans in the U.S., Asia and Europe has driven the development of Citi Bulgaria syndicated lending capabilities. Citi's success in attracting strong borrowers and solid bank groups stems from its reputation for delivering well-structured loan facilities with terms favorable to all parties in the transaction.