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Dentons advised International Investment Bank in connection with the €15 million loan facility for Romcab

 Dentons Bucharest office has advised the International Investment Bank in connection with a new project in Romania. The project envisaged a 15 million loan granted to the manufacturer of electrical wirings - Romcab Targu-Mureș.The credit facility will be used for financing the company’s work activities, especially the acquisition of raw materials.

The Dentons team was led by Perry Zizzi,Partner and Coordinator of Bucharest banking and finance group and Magdalena Raducanu - Managing Counsel. The team also included: Oana Ionascu- Senior Associate and Mihaela Mihu- Associate.

The loan granted to Romcab by the International Investment Bank is already the banks’ second transaction recorded this year. In July 2015, Dentons Bucharest team has assisted International Investment Bank in connection with a
10 million loan facility granted to Agricover Credit to be used for lending to farmers as well as business development.

Dentons is a global law firm driven to provide a competitive edge in an increasingly complex and interconnected world. A top 20 firm on the Acritas 2014 Global Elite Brand Index, Dentons is committed to challenging the status quo in delivering consistent and uncompromising quality in new and inventive ways. Dentons’ clients now benefit from 3,000 lawyers and professionals in more than 80 locations spanning 50-plus countries. With a legacy of legal experience that dates back to 1742 and builds on the strengths of our foundational firms—Salans, Fraser Milner Casgrain (FMC), SNR Denton and McKenna Long & Aldridge—the Firm serves the local, regional and global needs of private and public clients.
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