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Banking & Finance

We provide legal assistance and act on behalf of lenders as well as borrowers, working on a local and international level. Our holistic view and understanding on all areas of finance help us deliver effective guidance on topics such as syndicated lending, leveraged and acquisition finance, asset financing, derivative products, project finance, financial regulatory (bank contracts and operations) and structured financing, as well as insolvency and restructuring matters.

The firms’ financial services practice area, engages highly experienced, meticulous finance lawyers that assure delivery of sophisticated levels of service, on par with that which clients in the field are accustomed to.

We provide distinctly specialized advice on complex projects to lenders and borrowers, insurers and fintech companies alike, and help financial institutions navigate the intricate regulatory framework that governs the financial services sector.

Our lawyers have directly experienced the explosive surge of the Romanian loan market driven by the fast-growing real estate sector and assisted clients through several challenging years. With a now stabilized and re-invigorated financial market firmly in place, we are excited to be involved in promising new deals.

We have extensive experience in dealing with local or multi-jurisdictional projects, at both ends of the table – our lawyers have assisted lenders and borrowers in the financing of landmark residential, commercial and industrial developments alike and have dealt with complex issues on acquisition finance, side by side with our dynamic M&A team. When, for some players in the market, projects took an unfortunate turn, our lawyers were there to assist with the sale of large NPL portfolios and helped their clients with bringing new life to previously failed projects.

Our team has an in depth understanding of financial issues which form the basis of our ability to untangle complex regulatory matters, ensuring our clients’ full compliance with the applicable rules. 

 

Our Relevant Experience

  • Assisted one of the leading banks of Russia, VTB Bank, in the financing of one of the largest chemical manufacture companies in Romania, within a financing transaction in the aggregate amount of EUR 124 mil. for the acquisition of several asset bundles from an important Romanian competitor in the chemical manufacturing sector.
  • Assisted one of the leading services providers in the print services sector in Central and Eastern Europe, with respect to the refinancing of certain existing outstanding amounts and the related interest in relation to the credit facilities made available by a major Romanian credit institution to certain relevant Romanian companies activating in the same print services sector.
  • Assisted an important corporate and investment credit institution established in France, regarding the negotiation and the necessary registration formalities of the security established by a legal entity acting as a member of the group of companies representing the world leaders in the supply of piping equipment for liquid transport, having over 50 years’ experience in this industry sector. 
  • Advising World Class Romania, the largest operator of fitness clubs in Romania, in relation to EUR 4 million credit facilities, regarding the acquisition of another company operating in the same market.
  • Advising a reputed Greek bank in relation to the restructuring and further enforcement of > EUR 50 million facilities granted, to several real estate investors in Romania.
  • Advising on matters of Romanian law in a multi-jurisdictional restructuring of more than EUR 200 million debt of a Greek company.
  • Due diligence for one of largest Romanian banks aimed at identifying potential risks in relation to financing the acquisition by a municipality of 200 apartments.
  • Assisted several insurance and / or reinsurance intermediaries and/or insurance companies in certain regulatory matters regarding the new legal provisions related to the implementation in the Romanian insurance legal framework of the insurance distribution regulations under the IDD Directive. 
Areas of Work
Key contacts
Latest deals
World Class Romania - Polish investment (BF)
Banking & Finance

Assisting World Class, the largest fitness clubs operator in Romania during the initial due-diligence process in relation with, and negotiation of, an alternative financing structure from a Polish closed-end investment fund.

VTB Bank Europe (BF)
Banking & Finance

As co-counsel with the office of White & Case, SAA has assisted VTB Bank (Europe) SE on a financing in the amount of EUR 124 mil granted to Chimcomplex S.A. Borzesti for the acquisition of several asset bundles from Oltchim SA. The team, led by Costin Teodorovici provided legal assistance on matters of Romanian Law in relation to transaction structuring and the Romanian security package, as well as in relation to certain other relevant matters including insolvency, real estate and environmental law issues.

World Class “Stay Fit Gym Oltenitei” (BF)
Banking & Finance

Stratulat Albulescu Attorneys at Law assisted World Class Romania, the leader in the fitness industry in Romania, with the acquisition of a new fitness club, an area of more than 1300 sq. From the outset of this project, and throughout the entire process, our lawyers were actively involved, the successful team being led by Partner Ramona Iancu.

First Property / MAESTRO (BF)
Banking & Finance

Stratulat Albulescu Attorneys at Law assisted First Property Group PLC, an award winning property fund manager and investor with operations in the UK, Poland and Romania, in conjunction with a club of investors, on the acquisition of the MAESTRO BUSINESS CENTER Office Building located in Cluj -Napoca, Romania. The assistance provided covered all legal aspects of the transaction from the outset to the financing of the acquisition.

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