Nestor Nestor Diculescu Kingston Petersen has advised a syndicate of banks on providing a EUR 101.5 million loan facility to the RodBun Group, by refinancing and increasing its existing facilities by EUR 37.14 million. Tuca Zbarcea & Asociatii advised the RodBun Group.
The syndicate of banks included the initial lead arranger, bookrunner, documentation agent, facility agent, and security agent Banca Comerciala Romana; lead arrangers CEC Bank, Raiffeisen Bank, ING Bank Bucharest; and lenders Alpha Bank Romania and Garanti Bank.
The RodBun Group provides a wide range of agricultural products, services, and solutions. The company claims it wishes "to integrate any and all components of successful farming: the sale of products and services, the testing of state-of-the-art technologies, consulting, and efficient production valorization solutions."
According to NNDKP, the "RodBun Group will use the syndicated loan to refinance existing exposures, cover working capital needs, and support the group’s development plans."
The NNDKP team included Partner Valentin Voinescu, Senior Associate Alexandru Ciambur, and Associate Catalina Dan.
The Tuca Zbarcea & Asociatii team included Partner Mihai Dudoiu, Managing Associate Sergiu Negreanu, and Senior Associate Sorina Stefoni.