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Kinstellar and Filip & Company Advise on EUR 500 Million Senior Facility for RCS & RDS

Kinstellar and Filip & Company Advise on EUR 500 Million Senior Facility for RCS & RDS

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Kinstellar, working with Linklaters, has advised a syndicate of banks on a EUR 500 million senior facility agreement with Romanian telecommunications service provider RCS & RDS. Filip & Company advised RCS & RDS.

The banking syndicate was led by ING Bank’s London branch and included ING Bank, Citigroup Europe Dublin’s Romania Branch, UniCredit Bank, Raiffeisen Bank, BRD Groupe Societe Genarale, and ING Bank Amsterdam’s Bucharest Branch.

"The loan consists of a term loan in the amount of EUR 150 million, a revolving loan in the total amount of EUR 100 million, and one or more additional facilities in an aggregate amount of up to EUR 250 million with a maturity of up to five years," Kinstellar announced.

RCS & RDS, also known as Digi Communications, is a Romanian telecommunications holding company operating in Romania, Hungary, Spain, Italy, and Portugal.

The Kinstellar team was led by Special Counsel Magdalena Raducanu and included Managing Associate Razvan Constantinescu and Associates Adelina Seserman and Cosmin Mitrica.

The Filip & Company team included Partner Alexandru Birsan and Senior Associates Rebecca Marina, Camelia Iantuc, and Smaranda Vacaru.

Filip & Company at a Glance

Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have significant experience in various areas, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses.

To find out more about Filip & Company’s expertise areas and team, please visit https://filipandcompany.com/