Tuca Zbarcea & Asociatii has advised a club of local banks, led by arranger, facility agent, and security agent OTP Bank Romania S.A., on a RON 431 million syndicated facility agreement for the financing of Aaylex One group. Nestor Nestor Diculescu Kingston Petersen advised Aaylex One on the deal.
According to Tuca Zbarcea & Asociatii, “the syndicated loan was made available for the financing of several bilateral loans granted by the financing banks part of the syndicate, namely OTP Bank Romania S.A., CEC Bank S.A., First Bank S.A., Banca de Export Import a Romaniei EximBank S.A. and International Investment Bank, which triggered complex negotiations and structuring of the financing documentation.”
Aaylex One is one of the largest companies in the Romanian food industry and the producer of the Cocorico brand.
Tuca Zbarcea & Asociatii’s team included Partner Mihai Dudoiu and Managing Associate Catalin Georgescu.
NNDKP’s team included Partner Valentin Voinescu, Senior Associate Alexandru Ciambur, and Associate Catalina Dan.