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Dentons Advises Raiffeisen Bank in VGP Park Timisoara Refinancing

Dentons Advises Raiffeisen Bank in VGP Park Timisoara Refinancing

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Dentons has advised Raiffeisen Bank International AG and Raiffeisen Bank SA on a EUR 34 million facility agreement granted to VGP Park Timisoara SRL to refinance an industrial project, including four prime logistic buildings in Timis, Romania. Nestor Nestor Diculescu Kingston Petersen reportedly advised VGP Park on the deal.

Dentons lawyers from Romania, Slovakia, Czech Republic, Luxembourg, and Belgium advised on Romanian and English law matters.

The Dentons team was led by Romania Managing Partner Perry Zizzi, supported by Senior Associate Oana Ionascu, Associates Cosmin Vasilescu and Isabela Gheorghe, and Junior Associate Adelina Seserman all in Bucharest. The team also included Bratislava-based Partner Marcell Clark, Brussels-based Partner Nora Wouters and Associate Mathieu Raedts, and Luxembourg-based Partner Stephane Hadet and Associate Christophe Renaudin.

Editor's Note: After this articles was published NNDKP confirmed their involvement in the deal and notified CEE Legal Matters that its team advised a joint venture between Allianz Real Estate, the dedicated real estate investment manager within the Allianz Group, and VGP, on the agreement. The NNDKP team included Partners Alina Radu and Valentin Voinescu and Senior Associate Monia Hantig. 

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MPR Partners | Maravela, Popescu & Roman is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners | Maravela, Popescu & Roman covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Roman as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

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