Filip & Company law firm advised alongside Linklaters LLP a syndicate of banks including UniCredit Bank and Raiffeisen Bank as Coordinating Banks, Bookrunners, Mandated Lead Arrangers and Lenders and Banca Comercială Romana, ING Bank and OTP Bank Romania SA, acting as Mandated Lead Arrangers and Lenders in the EUR 127 million financing of Green Group, the largest integrated waste recycling group in Central Europe. Sustainability Coordinators for this transaction were ING Bank and Raiffeisen Bank, while Banca Comercială Romana was Facility and Security Agent.
The Filip & Company team was lead counsel in this process and coordinated teams of lawyers in several European jurisdictions, including Slovakia and Lithuania.
“In recent years the focus on sustainable finance has grown rapidly in the context of the importance investors attach to the transition to a lower-carbon, more resource-efficient and thus more sustainable economy, and finance that takes into account sustainability criteria plays a key role in achieving these goals. We are pleased to have had the opportunity to assist the syndicate of banks in providing this financing, which will certainly help strengthen the waste recycling infrastructure in the region,” said Alexandra Manciulea, partner at Filip & Company.
The Filip & Company team was coordinated by Alexandra Manciulea and included in key roles Rebecca Marina (senior associate) and Camelia Ianțuc (senior associate), Andreea Dinu (associate), and Ioana Roman (partner), who coordinated the real estate team involved in the case.
Filip & Company has some of the most dynamic and experienced Banking and financial services practices, having been ranked in the top tier by the prestigious Legal 500 publication. The team includes specialists with a wealth of prior successful experience in complex financial markets transactions, gained in both domestic and international transactions.