Alston & Bird has added Stanimir (Stan) Kostov as a partner in its Finance Group, strengthening the firm’s debt finance capabilities in New York. Stan represents banks, direct lenders, alternative capital providers, corporate borrowers, and private equity sponsors across a wide range of complex debt financing transactions.
“Our Debt Finance Team is experiencing significant growth as our clients increasingly turn to our team, and adding a lawyer of Stan’s caliber allows us to keep pace with that demand,” said Jason Solomon, partner and co-chair of the firm’s Finance Group. “He has a reputation for being commercially minded and technically precise, which are qualities that matter in the complex financings our clients are executing.”
Stan returns to private practice after serving as a director and senior covenant analyst at a financial intelligence and credit platform, where he evaluated complex financing structures and credit risk across a wide range of deals, giving him a market-wide view of current structures and risk.
Before that role, he spent nearly a decade as a partner and senior attorney at major international law firms, representing clients in a wide variety of debt financing transactions, credit facilities, and complex debt financing arrangements. Stan also brings the perspective of a former CPA, having begun his career as a staff accountant and auditor at a Big Four accounting firm.
At Alston & Bird, Stan will focus on structuring and negotiating secured and unsecured financings in commercial lending transactions, including unitranche facilities, syndicated loans, recurring revenue loans, asset-based credit facilities, liability management transactions, and leveraged recapitalizations.
“We have been building this team deliberately across our key markets, including New York, London, and Atlanta, and Stan’s arrival is an important part of that growth,” said Mike Parisi, partner and chair of the firm’s Corporate Debt Finance Team. “His experience adds real depth in New York and strengthens what we can offer clients across the platform.”
“Alston & Bird’s high-quality deal flow, collaborative culture, and incredible growth make it the ideal place to work on sophisticated transactions,” said Stan. “I was particularly drawn to the firm’s middle-market practice, where I will be able to work closely with a talented team across the full arc of a transaction and bring judgment to the issues that drive outcomes for our clients.”
About Alston & Bird’s Finance Team
With more than 120 dedicated finance lawyers, Alston & Bird’s globally recognized Finance Group represents the market’s most active participants in corporate debt, corporate trust, asset-based lending, distressed debt, leveraged finance, fund finance, private credit, and structured finance and securitization. The Corporate Debt Team holds practice and attorney rankings in Chambers Global and Chambers USA in Banking & Finance and Private Credit. The team is also recognized by IFLR1000 in Banking and Capital Markets and by The Legal 500 in Commercial Lending: Advice to Direct Lenders and Private Credit and Commercial Lending: Advice to Bank Lenders.