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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

Romania
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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.

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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