News and developments

PNSA advised Ameropa Group on a €324 million syndicated financing

PNSA

advised its long-standing client Ameropa Group, worldwide leading Swiss grain

and fertilizer trader, on the €324 million multicurrency revolving financing

granted by a syndicate of banks composed of Banca Comerciala Romana, Raiffeisen

Bank, ING Bank N.V. Amsterdam – Bucharest Branch and UniCredit Bank.

The

funds will be used by Ameropa Group’s Romanian entities, i.e. fertilizer

producer Azomures, trader Ameropa Grains and port operator Chimpex, to refinance

the existing bilateral facilities and support new working capital needs.

PNSA team led by Partner Alexandru Ambrozie and

Managing Associate Codrin Luță, also included Senior Associate Teodora Cazan.