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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.

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.