Schoenherr has advised Agricover on the issuance of EUR 40 million in corporate bonds and on their admission to trading on the regulated market of the Bucharest Stock Exchange. The Commercial Bank of Romania and BRD Groupe Societe Generale acted as sole coordinators of the issuance.
According to Schoenherr, “this is the largest corporate bond issuance ever to run on the BSE. Agricover aims to use the funds to strengthen and diversify the market position of Agricover Credit IFN SA, the group's company specialized in direct financing to Romanian farmers.”
Schoenherr’s team included Partner Narcisa Oprea and Attorneys Cristina Tudoras, Veronica Das Alexeev, and Silviu Lazar.