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CMS Advises Ford Otosan on EUR 435 Million Financing

CMS Advises Ford Otosan on EUR 435 Million Financing

Romania
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CMS has advised automotive manufacturing company Ford Otosan Romania on a EUR 435 million financing from a syndicate of banks, arranged by coordinating mandated lead arrangers and bookrunners Societe Generale and BRD Groupe Societe Generale.

Ford Otosan Romania is owned by Ford Otomotiv Sanayi, the Ford joint venture in which Ford and Koc Holding are majority shareholders.

Back in 2022, CMS advised on Ford's sale of its manufacturing plant in Craiova, Romania, to Ford Otosan (as reported by CEE Legal Matters on April 19, 2022).

The CMS team included Senior Counsel Alina Tihan and Associate Diana Dona.

CMS did not respond to our inquiry on the matter.

Editor's Note: After this article was published, Dentons announced it had advised BRD Groupe Societe Generale. The firm's team included Partner Simona Marin, Senior Associate Sandra Constantin, and Associate Alexandra Sofineti.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.