A major international investment is set to support the modernization and expansion of Sofia’s Vasil Levski Airport, with €70 million allocated to the project by global investment firm M&G.
According to the company announcement cited by BTA, the funding is directed toward SOF Connect, the operator of Bulgaria’s main international airport, and is intended to advance long-term infrastructure upgrades, including plans for a new passenger terminal.
The investment forms part of a broader €450 million secured bond package with a maturity of 22 years, designed to finance the airport’s modernization strategy. The project aims to significantly upgrade capacity and improve operational efficiency at the country’s key air transport gateway.
SOF Connect is fully owned by Meridiam, a global infrastructure investor involved in large-scale transport and utility projects. The financing structure reflects a long-term approach to developing critical aviation infrastructure in Bulgaria.
M&G, which manages approximately €81 billion in assets, is one of the major global investors in airport-related debt instruments. The firm holds around £1.1 billion in debt issued by airport operators worldwide, positioning it as a significant player in infrastructure financing across the aviation sector.
