Nestor Nestor Diculescu Kingston Petersen has advised a syndicate of banks on the amendment and extension until 2026 of USD 150 million in working capital credit facilities for Alro. Zamfirescu Racoti Vasile & Partners, working with Simmons & Simmons, advised Alro.
Alro is a vertically integrated aluminum producer based in Romania.
According to NNDKP, “the syndicate of banks was coordinated by Exim Banca Romaneasca and included Banca Comerciala Romana, OTP Bank Romania, CEC Bank, UniCredit Bank, Alpha Bank Romania, and Banca Transilvania.”
Back in 2020, ZRVP advised on the previous refinancing of Alro's revolving loan (as reported by CEE Legal Matters on November 26, 2020).
The NNDKP team included Partner Alina Radu and Associate Catalina Dan.
The ZRVP team included Senior Partner Ioana Racoti, Partner Elena Iacob, and Senior Associate Andreea-Adina Rotaru.