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FILIP & COMPANY assisted the Ministry of Public Finance in the issuance of EUR 3.3 billion worth of Eurobonds

FILIP & COMPANY law firm assisted the Ministry of Public Finance, alongside Linklaters law firm, in an issuance of Eurobonds in two tranches that raised EUR 3.3 billion from international markets. The first tranche consists of EUR 1.3 billion 2.750% Eurobonds due 2026, while the second tranche is of EUR 2 billion 3.624% Eurobonds due 2030.

Alexandru Bîrsan, partner at FILIP & COMPANYy: “Financing the economy is the big challenge of this year. The effects of the pandemic are visible in the economy and in the society, and the state must access external funds in order to be able to support assistance or relaunch programs. During this difficult period, Romania has managed to obtain financing under favourable conditions compared to countries in the same investment category, based on a relatively high interest from investors and in an extremely compressed timeline. We are glad that we were able to help and we hope that the next financing will occur in calmer market conditions.”

The FILIP & COMPANY team that assisted the Ministry of Public Finance in this project was mainly composed of Alexandru Bîrsan (partner), Monica Stătescu (counsel) and Andreea Bănică (associate).

FILIP & COMPANY has one of the most dynamic Finance and Capital Markets practices in Romania. Our team includes specialists with a rich prior experience acquired in complex internal and international transactions.

FILIP & COMPANY

FILIP & COMPANYy 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 a wide experience in several domains, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance and capital markets but also labour law, personal data protection, consumer or environmental protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses. Please visit www.filipandcompany.com to find out more about FILIP & COMPANY’s expertise and team.

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