Fri, May
97 New Articles

Filip & Company, Linklaters, and Clifford Chance Advise on Romanian Eurobond Issuance

Filip & Company, Linklaters, and Clifford Chance Advise on Romanian Eurobond Issuance

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Filip & Company and Linklaters have assisted Romania's Ministry of Public Finance in its two-tranche Eurobond issuance, which attracted EUR 3.5 billion from international markets. Clifford Chance advised BNP Paribas, Citigroup Global Markets Europe AG, HSBC Continental Europe, Raiffeisen Bank International AG, Societe Generale, and UniCredit Bank AG on the issuance.

The first tranche, of EUR 2 billion, has a maturity of 12 years and a coupon of 2.1%, while the second tranche, of EUR 1.5 billion, has a maturity of 20 years and a 2.77% coupon.

"Romania has once again managed to access the international capital markets in very good conditions for this uncertain period for the entire world economy," said Filip & Company Partner Monica Statescu. "From this point of view, the bond issue confirms the confidence that the Romanian economy enjoys on foreign markets, the interest of investors being high. We are glad that we were able to help as well."

The Filip & Company team that consisted mainly of Statescu, Partner Alexandru Birsan, and Associates Andreea Banica and Lavinia Cazacu.

The Clifford Chance Badea team in Bucharest was led by Counsel Cosmin Anghel. The firm's London office advised on English and American Law aspects.

Romanian Knowledge Partner

MPR Partners 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 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 & Asociatii 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. 

More client feedback and further information on MPR Partners can be found at www.mprpartners.com.

All News about MPR Partners can be found here.

Our Latest Issue