Clifford Chance has advised Carmistin International on a EUR 500 million financing arranged by Banca Comerciala Romana and ING Bank Bucharest Branch. NNDKP advised the banks.
Carmistin is a Romania-based integrated agribusiness group.
According to Clifford Chance, the transaction was structured to finance and refinance the Carmistin Group. The financing will support the group’s ongoing operations and expansion plans in the poultry, pork, and animal feed production segments.
According to NNDKP, the banking syndicate also included CEC Bank, Intesa Sanpaolo Romania, UniCredit Bank, Exim Banca Romaneasca, Raiffeisen Bank, Garanti Bank, and PKO Bank Polski Bucharest Branch.
The Clifford Chance team included Managing Partner Daniel Badea, Partner Cosmin Anghel, Counsel Oana Ionascu, and Senior Associate Alexandru Achim.
The NNDKP team included Partner Valentin Voinescu, Senior Associates Alexandru Ciambur and Catalina Dan, and Associates Diana Vasile, Anda Dragoi, and Bogdan Ciacli.
