ZRVP Advises ALRO on USD 260 Million Syndicated Credit Facility
Publication: ZRVP
The ZRVP team involved in the transaction comprised Ioana Racoți (Senior Partner), Elena Iacob (Partner) and Mădălina Marineanu (Senior Associate).
Zamfirescu Racoți Vasile & Partners (ZRVP) has provided legal assistance to ALRO S.A., one of Europe’s largest aluminium producers by production capacity, in connection with a USD 260 million syndicated credit facility coordinated by Banca Comercială Română (BCR).
The three-year facility is intended to finance ALRO’s working capital needs and support the company’s development plans, against the backdrop of continued challenges facing the European aluminium industry.
The banking syndicate comprises six financial institutions: Exim Banca Românească, Banca Comercială Română, CEC Bank, Banca Transilvania, Raiffeisen Bank and Intesa Sanpaolo Bank.
ZRVP advised ALRO on Romanian law matters, alongside international law firm Simmons & Simmons. The ZRVP team involved in the transaction comprised Ioana Racoți (Senior Partner), Elena Iacob (Partner) and Mădălina Marineanu (Senior Associate).
ZRVP has been advising the ALRO–Vimetco Group for nearly 30 years on a broad range of matters, including banking and finance, competition, energy, corporate law and litigation.