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Tuca Zbarcea & Asociatii and Mitel & Partners Advise on MedLife Credit Facility

Tuca Zbarcea & Asociatii and Mitel & Partners Advise on MedLife Credit Facility

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Tuca Zbarcea & Asociatii has advised a banking syndicate on a new credit facility for MedLife, as part of the company's EUR 228 million syndicated loan. Mitel & Partners advised MedLife on the loan.

According to Tuca Zbarcea & Asociatii, MedLife “has obtained a refinancing and an increase by EUR 50.7 million of existing credit facilities, now totaling EUR 228 million.” The banking syndicate included coordinator and lender Banca Comerciala Romana and lenders Raiffeisen Bank, BRD Groupe Societe Generale, Banca Transilvania, ING Bank Romania, and Erste Group Bank AG.

MedLife is a private healthcare provider in Romania. Back in October, Mitel & Partners advised MedLife on the acquisition of a 51% stake in Romanian private healthcare services provider Provita (as reported by CEE Legal Matters on October 14, 2022).

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

The Mitel & Partners team was led by Madalina Mitel and Serban Suchea.

Tuca Zbarcea & Asociatii at a Glance

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.