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NNDKP and ZRVP Advise on USD 150 Million Credit Facilities for Alro

NNDKP and ZRVP Advise on USD 150 Million Credit Facilities for Alro

Romania
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Nestor Nestor Diculescu Kingston Petersen has advised a syndicate of banks on the amendment and extension until 2026 of USD 150 million in working capital credit facilities for Alro. Zamfirescu Racoti Vasile & Partners, working with Simmons & Simmons, advised Alro.

Alro is a vertically integrated aluminum producer based in Romania.

According to NNDKP, “the syndicate of banks was coordinated by Exim Banca Romaneasca and included Banca Comerciala Romana, OTP Bank Romania, CEC Bank, UniCredit Bank, Alpha Bank Romania, and Banca Transilvania.”

Back in 2020, ZRVP advised on the previous refinancing of Alro's revolving loan (as reported by CEE Legal Matters on November 26, 2020).

The NNDKP team included Partner Alina Radu and Associate Catalina Dan.

The ZRVP team included Senior Partner Ioana Racoti, Partner Elena Iacob, and Senior Associate Andreea-Adina Rotaru.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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