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Bucharest
February 6, 2023
BUSINESSCOMPANIESECONOMY

CMS advises a syndicate of banks on granting EUR 60m green loan to Ploiesti Shopping City

International law firm CMS has advised a banking syndicate, led by BRD SG, on a EUR 60m green loan arrangement for Ploiesti Shopping City S.R.L., a company from the NEPI Rockcastle group.

BRD acted as the mandated lead arranger, green financing structuring, security agent and creditor, leading the banking syndicate which also included Alpha Bank S.A. (Greece) as lead arranger and Alpha Bank S.A., Luxembourg branch, as creditor.

The CMS team, coordinated by Alina Tihan, Senior Counsel, advised the banks on all aspects of the transaction to reach the financial closing.

Ana Radnev, partner and coordinator of the banking and finance team at CMS Romania, said: ”CMS expertise in the field of green and sustainable finance is an asset to our clients, both locally and internationally. We are delighted to have assisted BRD and Alpha Bank on this project, including on aspects related to the green loan.”

The CMS team advising the banks included also Diana Dona and Amalia Podoleanu (Banking and Finance) and Roxana Fratila, Alexandru Dumitrescu and Bianca Banateanu (Real Estate).

With more than 600 lawyers across 17 offices in Central and Eastern Europe, and with CEE based English law capability, CMS is well-placed to advise clients in Romania on both local and multi-jurisdictional matters.

 

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