Funds will be used to refinance existing facilities, cover working capital needs and support the Group’s development plans.
The syndicate of banks is made up of BCR, as mandated lead arranger, bookrunner, documentation agent, facility & security agent, and lender, CEC Bank, as mandated lead arranger and lender, Raiffeisen Bank, as mandated lead arranger and lender, Banca Transilvania and Banca Romaneasca as lenders.
The new lending facility consists of two tranches, respectively, a revolving-type facility worth RON249 million and a lending facility on term, in the amount of RON29 million.
PCF Investment Banking Romania (formerly Professional Capital Finance) acted as exclusive advisor of the loan in structuring, negotiating and implementing the transaction.
Rodbun Group exploits some 10,000 hectares of land, holding farms in most regions in Romania, as well as three seed processing and conditioning plants, a team of over 500 people and 50 farm stores.
Rodbun Group holds one of the most powerful logistics infrastructure on the agribusiness market, with regional logistics centers, regional warehouses and grain storage facilities.
Nestor Nestor Diculescu Kingston Petersen (NNDKP) acted as legal advisor for the syndicate of banks and Radu Taracila Padurari Retevoescu SCA (RTPR) provided legal assistance for Rodbun Group.