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.