Wolf Theiss Bucharest and Warsaw, working alongside Radulescu & Musoi, have advised Poland's Credit Value Investments asset management company on its EUR 12 million investment in Impact Developer & Contractor. Impact Developer & Contractor was advised by PeliFilip and Linklaters.
Impact SA issued 120 Series A bearer bonds with a nominal value of EUR 12 million, which were purchased by funds managed by Credit Value Investments.
This is the first investment by CVI in Romania. "We are proud that we can support Impact in their initiatives to contribute to the development of the real estate sector in Romania," said CVI’s Ciprian Nicolae. "From our point of view, this investment is a strategic commitment towards the Romanian market."
Wolf Theiss's team consisted of Polish Senior Associate Dariusz Harbaty, Attorney-at-Law Stefan Feliniak, and Associate Piotr Ziolkowski, working alongside Romanian Counsel Claudia Chiper.
The PeliFilip team consisted of Partner Alexandru Birsan and Senior Associates Ana Andreiana and Alexandra Manciulea.
Linklaters' Warsaw-based team was supervised by Partner Daniel Cousens and led by Managing Associate Szymon Renkiewicz, supported by Associates Piotr Zbyszynski, Magdalena Szewczyk, Maciej Pietron, and Karol Macias.
Editor's Note: After this article was published Radulescu & Musoi sent us the following message: "Radulescu & Musoi assisted Credit Value Investments, a Polish asset-management company, in the EUR 12-million bond financing of Impact Developer & Contractor SA. Among others, we prepared the legal due diligence reports on important real estates pledged as collateral, we have drafted the mortgage agreements, participated in negotiations, and assisted the notary public with the formalities of registration of the securities in the land register and in the electronic archive for secured transactions." The firm's team included Partners Roxana Musoi and Carmen Banateanu and Senior Associate Anca Constantin.