Banking & Financial Services

Helping our clients go further

We have one of the most dynamic banking & finance practices on the Romanian market. Our team includes specialists with an extensive and successful track-record in complex finance matters, acquired both in domestic and international transactions.

Our large financing team covers a variety of sectors and cooperates smoothly with some of the best regulatory specialists in Romania to devise structures tailored to the specificities of the relevant industries. We pride ourselves in our tradition of constant innovation, relish challenges and always seek to find the most suitable solutions for our clients.

We advise domestic and international financial institutions and corporate borrowers in relation to a wide variety of transactions both as local and lead counsel:

  • acquisition finance;
  • restructuring finance;
  • asset, real estate and project finance;
  • syndicated, club and bilateral lending;
  • loan facilities with complex and unusual security structures;
  • finance and insurance regulatory matters;
  • merger and acquisitions on the banking and insurance markets;
  • portfolio transactions in the banking sector.

We are top tier in Legal 500 and band 2 in Chambers and Partners in Banking and Finance.

Alexandru Birsan is ranked in Band 3 and Alina Stancu Birsan is ranked in Band 4 by Chambers Europe, Alexandra Manciulea is listed as a next generation partner by Legal 500 and Rebecca Marina is listed as a rising star by Legal 500.

Recognitions

A client highlights the firm’s ability to handle multi-jurisdictional matters, and reports that the lawyers are proactive in terms of cooperating and are responsive.”
Chambers Europe, 2021

According to clients, the department benefits from very diversified skills across the team and wide exposure on various deals.”
Chambers Europe, 2021

The team is “very responsive and knowledgeable.“
Chambers Europe, 2020

“The response time of the lawyers is always superb. They are able to handle complex technical topics and make them easily understandable for the client.”
Legal 500, 2020

“The team is very responsive and commercial in its approach, with an understanding of international best practice (including in relation to Loan Market Association documentation) and a high level of attention to detail.“
Legal 500, 2020

“Quick and responsive, with huge experience in all the aspects of a banking transaction.”
Legal 500, 2020

“They are service-minded and have a thorough but commercial approach to the issues at hand.”
Chambers Europe, 2019

“It understands the business priorities of its clients and focuses on providing solution-oriented answers.”
Chambers Europe, 2018

 

Client successes

  • assisted the leading regional telecommunications and media company to contract two medium-term credit facilities in total amount of EUR 150 million as well as in relation to an incremental facility structure, with a purpose to refinance the existing debt and make further investments;
  • assisted a global banking and financial services company in concluding a share deal with EximBank regarding NBG’s 99.28% participation in Banca Românească (the largest acquisition on the Romanian banking market in 2019);
  • assisted one of the largest banks in Romania in relation to the largest acquisition on the Romanian banking market in 2017, namely 99.15% of Bancpost’s shares and 100% of the shares issued by ERB Retail Services IFN and ERB Leasing IFN, companies part of Eurobank group;
  • assisted one of the largest banks in Romania in relation to the acquisition of the local subsidiary of a private Austrian bank, including due diligence analysis, structuring and negotiating the transfer and post completion assistance. This transaction is regarded as the largest acquisition transaction in the Romanian banking sector in 2014;
  • assisted one of the largest banks in Romania in the acquisition of 100% of the share capital of Microinvest, a company specialised in financing microenterprises and the leader of the non-banking financial institutions market in the Republic of Moldova;
  • assisted the client and the investors in the financing of a public takeover of a Swedish listed cosmetics company incorporated in Switzerland involving the issuance of secured bonds in a value of EUR 800 million and a multijurisdictional financing of EUR 100 million;
  • assisted one of the Netherlands’ largest cooperatives  in the process of granting two loan facilities with an overall amount of EUR 37 million to the Romanian port operator Umex S.A., one for financing the acquisition and installation of a silo in the Port of Constanta and the other for the financing of the building for the storage of bulk freight in the same Port.

Continuous recruitment

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        Continuous recruitment

          Think ahead! Practice at Filip & Company!

            Vrei să știi cum îți vom utiliza datele cu caracter personal? Click aici pentru mai multe detalii.

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