Filip & Company law firm provided legal assistance to PayPoint Services S.R.L. and its sole shareholder, Star Payments S.R.L., during 2024 in connection with the financial debt restructuring process by contracting a syndicated loan from UniCredit Bank S.A. acting, inter alia, as arranger, agent, security agent and lender, and the European Bank for Reconstruction and Development, as arranger and lender. The main purpose of the financing was to repay the existing loan agreement concluded between the same parties in 2021.
The financial reorganisation was structured to support the Group’s consolidation and growth strategy, providing a stable platform for future investment and expansion.
“This financial reorganisation project is an important step for PayPoint Services, providing a solid structure for its future growth plans. The cooperation with UniCredit Bank S.A. and the EBRD ensured the success of the transaction, and we are glad to have been able to assist our client in this complex and strategic process and thank them for their trust and excellent cooperation”, said Alexandru Bîrsan, partner at Filip & Company.
The Filip & Company team that assisted PayPoint Services in this project was coordinated by Alexandru Bîrsan (partner) and Camelia Ianțuc (senior associate) and included Rebecca Marina (counsel) and Raluca Biță (associate).
PayPoint Services is the leading operator of cash payments and electronic reloading through retail points in Romania. At the same time, the Group is also known for the 24pay app, the most widely used nationwide digital payment solution for public transport, which facilitates the purchase of public transport tickets and other fast and secure payments.
Filip & Company has one of the most dynamic Financing and Capital Markets practices in Romania. The team of lawyers includes specialists with an extensive track record acquired in complex domestic and international transactions.
