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.