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Allen & Overy and ZRP Advise on Alro Financing

Allen & Overy and ZRP Advise on Alro Financing

Romania
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RTPR Allen & Overy in Bucharest and Allen & Overy in Bratislava have advised a syndicate of banks in relation to a USD 68 million credit facility granted to Romania's Alro Slatina. Zamfirescu Racoti & Partners advised Alro on the deal. 

The syndicate of banks consisted of Raiffeisen Bank International and Raiffeisen Bank Romania as coordinators and Raiffeisen Bank International, Banca Transilvania, UniCredit Bank, Garanti Bank, and Intesa SanPaolo Romania.

Alro, which was established in 1961, is part of an integrated group that produces aluminum. Its shares are traded on the Bucharest Stock Exchange. According to Allen & Overy, the loan will cover the company's general corporate needs and working capital as well as future investments. 

The RTPR Allen & Overy team provided advice on Romanian law and included Partner Alexandru Retevoescu, Counsel Poliana Gogu-Naum, and Associate Alexandru Coras. The Allen & Overy Bratislava team provided advice on the English law aspects of the financing and was led by Counsel Attila Csongrady, supported by Senior Associate Peter Redo and Lawyer Petra Dzubakova. 

The ZRP team consisted of Senior Partner Ioana Racoti and Partner Elena Iacob. 

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.

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