Banking & Finance
Global Guide 2024 : Romania
Band 2
Email address
[email protected]Contact number
+40 21 527 2000About
Provided by Filip & Company
We have one of the most dynamic finance & capital market practices on the Romanian market. We are well versed in the intricacies of Romanian and European banking and capital markets rules and have extensive knowledge of the practice of the relevant regulators.
Our large financing team practices across a variety of sectors and cooperates smoothly with some of the best regulatory specialists in Romania to devise structures tailored to the specificities of the relevant industries.
In 2015 – 2017 we have advised in the top deals (by value) in Romania: the largest IPO to date, the largest financing & capital markets transaction of 2016, the largest ever syndicated financing, the largest capital market transaction of 2015.
Selected credentials:
Assisting RCS & RDS S.A. in connection to an EUR 350 million bonds issuance by Cable Communications Systems N.V. (parent company of RCS & RDS S.A.) and a syndicated financing of RON 1,687,000,000 made available to RCS by several leading banks.
Assisting NGB S.A, the leading Greek bank in connection with the disposal of its 99.28% stake in its Romanian subsidiary Banca Romaneasca (“BROM”) and of a portfolio of Romanian-risk corporate loans. Signing occurred in July 2017.
Assisting Banca Transilvania in the largest acquisition on the Romanian banking market in 2017, namely 99.15% of Bancpost’s shares and of 100% of the shares issued by ERB Retail Services IFN and ERB Leasing IFN, companies that are part of Eurobank group.
Chambers Review
Filip & Company attracts considerable attention for advising banks and private equity houses on acquisition finance mandates. The team acts for both lenders and borrowers on facility agreements. The practice also represents lenders in financing leveraged buyouts. It has notable strength in capital markets mandates, including IPOs, share capital increases, bond issuances, note programmes and regulatory topics. The lawyers are a popular choice for clients looking for Romanian counsel with experience in real estate finance.
Work Highlights
- Filip & Company advised a syndicate of banks on the EUR127 million financing of Green Group.
Strengths
Provided by Chambers
"I like their commercial approach and this makes us lean on them in strategic projects."
"They're good at keeping you updated and coming back to you and covering the legal and the commercial."
"I like their commercial approach and this makes us lean on them in strategic projects."
"They're good at keeping you updated and coming back to you and covering the legal and the commercial."
Notable Practitioners
Alexandru Birsan is a leading capital markets expert in Romania, with experience advising clients on IPOs, note programmes and bond issuances. He also acts for borrowers on credit facility agreements, as well as on acquisition finance mandates.
"Alex is one of our most trusted advisers - he always picks up the phone."
"He knows the market inside-out."
"I really like to work with him for his business approach and commercial mindset."
Alexandra Manciulea advises international corporations and financial groups on high-value financings, including in the context of Chapter 11 reorganisation proceedings. She is also strong at handling the negotiation of complex facility agreements and buyout refinancings.
"Alexandra has great communication skills."
Alina Stancu Birsan frequently assists borrowers and lenders with real estate and acquisition financing mandates, as well as with the negotiation of loan agreements. She also assists with corporate finance mandates.
"Alina Stancu Birsan is very responsive."
Ranked Lawyers at
Filip & Company
Romania
Members
Provided by Filip & Company