Clifford Chance has advised the Green Group on a EUR 127 million financing from a syndicate of banks. Filip & Company advised the lenders. Linklaters reportedly advised the lenders.
A syndicate of banks included Banca Comerciala Romana, ING Bank, OTP Bank Romania, Raiffeisen Bank, and UniCredit Bank.
According to Clifford Chance, Green Group "will use these funds for refinancing, acquisitions, and investments in 'green' projects, so as to consolidate and expand its activity in the region."
Green Group specializes in waste management, recycling, and waste recovery, with operations in Romania and Central and Eastern Europe.
The Clifford Chance Badea team included Counsel Cosmin Anghel, Senior Associate Madalina Mailat, and Lawyer Mihai Dolhescu.
The Filip & Company team was led by Partners Alexandra Manciulea and Ioana Roman and included Senior Associates Rebecca Marina and Camelia Iantuc and Associate Andreea Dinu.