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Tuca Zbarcea & Asociatii and Filip & Company Advise on BT and OTP Financing for Holde Agri Invest

Tuca Zbarcea & Asociatii and Filip & Company Advise on BT and OTP Financing for Holde Agri Invest

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Tuca Zbarcea & Asociatii has advised arranger and financier Banca Transilvania and financier OTP Bank Romania on credit facilities worth RON 30.5 million and EUR 26.7 million for the Holde Agri Invest group. Filip & Company advised Holde Agri Invest.

Listed on the AeRO market of the Bucharest Stock Exchange since October 2020, Holde Agri Invest has invested RON 155 million and currently farms a total land area of approximately 13,200 hectares.

"The syndicated loan includes four different financing lines," Holde Agri Invest announced. "The first financing line has a value of RON 30.5 million and is intended for working capital. The other three financing lines, totaling EUR 26.7 million, will support the acquisition of equipment, agricultural machinery, logistics and construction elements, modernization of silo capacities, agricultural farms, and agricultural land."

"This financial support will allow us to grow and diversify our portfolio while ensuring the necessary liquidity for our current activity [...] We are thrilled to work together with Banca Transilvania and OTP Bank at this crucial stage of our development, and we are confident that, together, we will contribute to the development and innovation of the Romanian agricultural sector," Holde Agri Invest CEO Liviu Zagan commented.

The Tuca Zbarcea & Asociatii team included Partner Mihai Dudoiu, Managing Associate Sergiu Negreanu, and Associate Sorina Stefoni.

The Filip & Company team included Partner Alexandra Manciulea and Senior Associates 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/