The loan worth EUR12.5 million will be used to fund the expansion and modernization of the company’s network, the acquisition of IT equipment and for its car fleet. The loan was granted to SIEPCOFAR SA, DONA LOGISTICA SA and DONA CARGO SRL.
The RTPR team that provided legal assistance on this project included Victor Padurari (Partner), Bianca Eremia (Senior Associate), Iustina Nastase (Associate) and Georgiana Verives (Junior Associate).
“We are excited to announce a new financing in which we acted for the EBRD, one of our long-lasting clients. We have a long history of advising it on many mandates in Romania. Its trust honours us and I hope we will have the chance to collaborate on other future projects as well. Congratulations on a new successful project”, said Victor Padurari.
“I am proud I had the opportunity to advise the EBRD on this financing and to add it to the already notable deal portfolio of our banking and finance team. It was a challenging project which covered multiple complex legal aspects for which we found the best solutions and we ensured a fast completion”, stated Bianca Eremia.
RTPR Banking & Finance team is one of the most experienced and appreciated in Romania, having a vast expertise in the most important transactions in Romania and in the region. Every year prestigious international legal directories Legal 500 and IFLR1000 position RTPR’s Banking & Finance practice on the top tier in their rankings for Romania. At the same time several of the firm’s lawyers are recommended as Leading Lawyers in individual rankings.
The EBRD is one of the major institutional investors in Romania, with investments of around EUR1 billion in 488 projects.