NNDKP - legal counsel in the EUR 24 million financing granted by BCR, EximBank and BT to Pehart Tec Grup

January, 2017 - Bucharest, Romania

The syndicate of banks comprising Banca Comercială Română, EximBank and Banca Transilvania has granted a multi-currency revolving credit facility in the amount of EUR 24 million to Pehart Tec Grup, controlled by the investment fund Abris Capital Partners, in partnership with businessman Ioan Tecar.

NNDKP acted as legal counsel for the syndicate of banks. The project team was coordinated by Valentin Voinescu, Partner in the Banking and Finance Practice and included Senior Associates Ștefan Ionescu and Maria Hoaghia.

“We are very pleased to have completed a complex transaction and to include in our list of achievements another success of the Romanian bank clubs, which we assist each year in the structuring of intelligent financing solutions for their clients. I take this opportunity to congratulate the BCR, BT and Eximbank teams” stated Valentin Voinescu.

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