NNDKP was involved in negotiating and concluding the documentation related to the bond issue and provided assistance to the client throughout the transaction.
The NNDKP team advising on this transaction was led by Alina Radu, Partner and Head of the Banking and Finance Practice, who was joined by Alexandru Ciambur, Senior Associate within the same Practice.
Impact Developer & Contractor will use the funds obtained to prefinance new residential projects and to fund working capital needs.
“We are extremely pleased to have been able to assist Impact Developer & Contractor in securing this finance to develop the projects they are planning and in consolidating their position on the Romanian real estate market. We thank them for their trust and wish them every success in the future”, said Alina Radu, NNDKP Partner.
“This finance proves once again the high potential of the company. We are thrilled to have been able to assist the Impact team with this financing and that we had the opportunity to contribute, indirectly, to the urban development of the capital and other major cities in the country”, stated Alexandru Ciambur, Senior Associate at NNDKP.