NNDKP assisted a syndicate of banks with a EUR 101.5 million financing to RodBun Group

Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted a syndicate of banks in providing a loan facility totalling EUR 101.5 to RodBun Group, by refinancing and increasing existing facilities by EUR 37.14 million. RodBun is an integrator of agricultural products and solutions, and one of Romania’s most important players in this field.

The syndicate of banks included Banca Comercială Română S.A., as Initial Lead Arranger, Bookrunner, Documentation Agent, Facility Agent and Security Agent, CEC Bank S.A., Raiffeisen Bank S.A., ING BANK N.V. Amsterdam – Bucharest Branch, as Lead Arrangers, and Alpha Bank România S.A. together with Garanti Bank S.A. as lenders.

NNDKP assisted the banks throughout the financing, advising on complex matters related to the structuring, drafting and negotiation of the transaction documentation, as well as on all other aspects specific to this type of transactions.

RodBun Group will use the syndicated loan to refinance existing exposures, cover working capital needs and support the group’s development plans.

The NNDKP team involved in this transaction included Partner Valentin Voinescu, Senior Associate Alexandru Ciambur and Associate Cătălina Dan, from the Banking and Finance practice.

“We are glad to have had the opportunity to contribute to the extension of a new syndicated loan to RodBun Group. This financing reconfirms banking institutions’ commitment to support the development of the Romanian agricultural sector, which has a significant potential, as well as of viable Romanian businesses in this industry. We are grateful to the syndicate of banks for their trust and thank them for our excellent collaboration”, declared Partner Valentin Voinescu.

This transaction complements the portfolio of loans granted to RodBun Group, in connection with which NNDKP has provided legal advice to financial institutions in recent years, which also includes the following financing transactions:
o    RON 262 million provided in 2018;
o    RON 84.5 million provided in 2021;
o    RON 278 million provided in 2021;
o    around RON 68 million provided in 2021;
o    around EUR 15.7 million provided in 2023; and
o    around EUR 5 million provided in 2023.

NNDKP’s banking and finance team consistently advises on complex financing projects, including corporate finance, project finance or acquisition finance, both local and cross-border, worth billions of euros.

With more than 30 years of experience in the market, NNDKP lawyers provide integrated and specialised assistance in all areas of law involved in transactions and regulatory projects, helping to identify bespoke solutions and strategies for each client.