Nestor Nestor Diculescu Kingston Petersen has advised a syndicate consisting of Banca Comerciala Romana as the bookrunner, mandated lead arranger, documentation agent, and facility and security agent, CEC Bank as mandated lead arranger, and participating banks EximBank, Intesa Sanpaolo Romania, and OTP Bank Romania on an EUR 90 million loan facility to the Carmistin Group. Stratula & Asociatii advised the borrower on the deal.
According to NNDKP, "this complex facility will be used by over 20 companies of the Carmistin Group to finance their investment projects, refinance their existing bilateral financial debt, and for working capital needs.”
The Carmistin Group is a Bucharest-based operator of over 5000 hectares of arable land, an animal feed production facility, and several chicken, pig, and cattle farms in Romania.
NNDKP’s team included Partner Valentin Voinescu and Associates Alexandru Ciambur and Catalina Dan.
Stratula & Asociatii’s team consisted of Managing Partner Sorin Stratula and Partner Oana Stratula.