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Filip & Company Advises PayPoint Services on Syndicated Loan from UniCredit Bank and EBRD

Romania
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Filip & Company has advised PayPoint Services and its sole shareholder Star Payments on a financial debt restructuring process by contracting a syndicated loan from UniCredit Bank and the European Bank for Reconstruction and Development.

PayPoint Services is an operator of cash payments and electronic reloading through retail points in Romania.

According to Filip & Company, “the main purpose of the financing was to repay the existing loan agreement concluded between the same parties in 2021. The financial reorganization was structured to support the group’s consolidation and growth strategy, providing a stable platform for future investment and expansion.”

The Filip & Company team included Partner Alexandru Birsan, Counsel Rebecca Marina, Senior Associate Camelia Iantuc, and Associate Raluca Bita.

Filip & Company did not respond to our inquiry on the matter.

Filip & Company at a Glance

Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have significant experience in various areas, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses.

To find out more about Filip & Company’s expertise areas and team, please visit https://filipandcompany.com/