Filip & Company law firm has assisted ING Bank România, ING Bank N.V. and Raiffeisen Bank S.A. with the granting of a financing totalling EUR 70 million to the La Fântâna group, a leading provider of modern, smart hydration solutions and services, offering coffee alongside dedicated preparation solutions and equipment.
The transaction was structured as a Senior Facilities Agreement and is intended to support the group’s current operations and ongoing development.
ING Bank România acted as a Lead Mandated Arranger, Bookrunner, Coordinator and Initial Lender, Raiffeisen Bank acted as Initial Lender, and ING Bank N.V. acted as Agent and Security Agent.
“ING Bank România had the honour of coordinating this complex transaction for the La Fântâna group, which was the result of excellent collaboration between all parties involved. The refinancing is an important strategic step for the company, and we are delighted to support them as they enter a new phase of consolidating their financing structure. This transaction reflects ING Bank Romania’s commitment to supporting local companies with potential and vision by providing them with comprehensive, tailored banking solutions.”, said Alina Voicu, Sector Head Commodities, Food & Agri ING Bank Romania.
ING Bank team included Alina Voicu (Sector Head Commodities, Food & Agri) and Raluca Kubinschi (Sector Execution Lead).
“We are delighted that our team has contributed to the EUR 70 million financing provided to the La Fântâna group, in our capacity as Initial Lender, alongside ING. This transaction once again confirms our ability to offer customised solutions to clients at any stage of development and help them grow their businesses.”, said Alin Neacșu, Executive Director Large Corporate Raiffeisen Bank Romania.
Jasmine Katz (Senior Relationship Manager, Pharma and Consumer Department) and Andreea Pistrui (Senior Product Banker, Project Financing, Acquisitions, and Public Infrastructure) coordinated the transaction on behalf of Raiffeisen Bank România team.
“We are delighted to have had the opportunity to work with the ING and Raiffeisen teams once again and thank them for their trust and excellent cooperation. This is a project in which we have assisted the banks in various stages of financing and refinancing over time, and we are delighted to see this business grow. The transaction was complex, spanning multiple jurisdictions, and was completed within a short timeframe thanks to the excellent cooperation between the parties involved.”, said Alexandra Manciulea, partner and head of the Banking & Finance practice at Filip & Company.
The Filip & Company team was coordinated by Alexandra Manciulea (partner) and Rebecca Marina (counsel) and included Camelia Ianțuc (senior associate), Raluca Biță (associate) and Sandra Danciu (associate).
Filip & Company has one of the most dynamic and experienced Banking and Financial Services practices and is ranked in the top tier by the prestigious Legal 500 publication. The team includes specialists with an extensive and successful track record in complex financial transactions, acquired both domestically and internationally.