Our lawyers are familiar with a broad range of transaction types with particular areas of expertise including acquisition finance, real estate finance and project finance. By acting for both lenders and borrowers in transactions ranging from bilateral credit agreements to complex multifacility and multicurrency syndicated financings, our clients benefit from our in-depth know-how and results oriented approach.
The finance team, lead by of-counsel Christian Mindru, who is recognized by Chambers Europe as a Notable Practitioner in this area, comprises five Romanian and foreign lawyers who work on a regular basis with other members of Biris Goran's real estate, mergers & acquisitions and tax teams to best address each client's specific needs. We believe in an interdisciplinary team approach to meeting a client's transactional and advisory needs.
Lawyers within the finance team have handled complex deals throughout their careers. This experience enables them to provide efficient and cost-effective advice to clients for their major financings transactions executed under significant time pressures as well as mid-market-sized transactions.
Real estate finance is a leading practice area of the finance team, and lawyers within the finance team have advised on many high profile real estate finance transactions in Romania. Working closely with the real estate and tax teams, team members have acquired substantial experience in structuring complex financings for the acquisition of real estate assets and portfolios as well as for construction of residential, offices and shopping malls projects.
Lawyers within the finance team also have an established record of advising on a broad range of acquisition finance transactions and related aspects, including LBOs, compliance with the prohibition of financial assistance and structuring of security packages and have drafted and negotiated project documentation as well as financing documentation and have advised banks, international financial institutions and sponsors in public infrastructure and manufacturing facilities in Romania.
Recent major transactions include:
- Ongoing legal advisor to the borrower as regards a financing by way of sale and lease back
- Legal advisor to the borrower as regards the restructuring of an acquisition finance loan
Legal advisor to the borrower, Portico Investments Limited, for the increase of a loan worth EUR 75 million from ING Lease - Legal advisors to the borrower as regards the restructuring of a EUR 45 million loan and the increase of the facilities
- Legal advisors to the borrower as regards the restructuring of a 15 EUR million loan
- Legal advisors to the bank, the lessee as well as to the borrower and lessor on a EUR 26 million sale and lease back transaction
- Legal advisors to the borrower, Portico Investments Limited for a loan worth EUR 75 million from ING Lease to refinance the company's investments in Hungary, Czech Republic and Romania
- Legal advisors to the borrower and sponsors on a real estate financing for office and residential development in Bucharest, in total amount of EUR 60 million
- Legal advisors to the borrower and sponsors on a real estate financing for the development of a mall in Transylvania, Romania valued at EUR 40 million
- Legal advisors to the borrower on a real estate refinancing of a hotel in Bucharest, in total amount of EUR 32 million
- Legal advisors to the borrower and sponsors on an acquisition finance of a majority stake of Proiect Bucuresti SA, the former state-owned architectural services company and one of the largest in Romania (transaction value confidential)
- Legal advisors to the borrower and sponsors on a real estate financing for the construction of the first phase of a residential complex in the city of Brasov in total amount of EUR 14 million
- Legal advisors to the borrower and sponsors on a real estate financing for office development in Bucharest, in total amount of EUR 11 million
- Legal advisors to the borrower and sponsors on a real estate acquisition financing from a trustee in bankruptcy in total amount of EUR 10 million