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CMS Advises Ford Otosan on EUR 435 Million Financing

CMS Advises Ford Otosan on EUR 435 Million Financing

Romania
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CMS has advised automotive manufacturing company Ford Otosan Romania on a EUR 435 million financing from a syndicate of banks, arranged by coordinating mandated lead arrangers and bookrunners Societe Generale and BRD Groupe Societe Generale.

Ford Otosan Romania is owned by Ford Otomotiv Sanayi, the Ford joint venture in which Ford and Koc Holding are majority shareholders.

Back in 2022, CMS advised on Ford's sale of its manufacturing plant in Craiova, Romania, to Ford Otosan (as reported by CEE Legal Matters on April 19, 2022).

The CMS team included Senior Counsel Alina Tihan and Associate Diana Dona.

CMS did not respond to our inquiry on the matter.

Editor's Note: After this article was published, Dentons announced it had advised BRD Groupe Societe Generale. The firm's team included Partner Simona Marin, Senior Associate Sandra Constantin, and Associate Alexandra Sofineti.

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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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