RTPR has advised the syndicate of banks including mandated lead arrangers Banca Transilvania and Banca Comerciala Romana and lenders Raiffeisen Bank, BRD – Groupe Societe Generale, CEC Bank, ING Bank, and Intesa Sanpaolo Bank Romania on a RON 3.1 billion syndicated loan facility granted to Electrica with Raiffeisen Bank also serving as a sustainability agent. Dentons adivsed Electrica.
According to RTPR, the facility will be used to refinance existing group debt and to fund Electrica’s investments in its renewable energy production portfolio. Electrica is the only Romanian company listed across electricity distribution, supply, and generation.
The RTPR team included Partner Cosmin Tilea, Counsel Andreea Nedeloiu, Associates Andreea Stoiciu and Ion Arhiliuc, and Junior Associate Ambra Lazar.
The Dentons team included Partner Loredana Chitu and Counsel Stefi Ionescu.
