Leading Romanian law firm Mușat & Asociații acted as legal counsel to the European Bank for Reconstruction and Development (EBRD) on a Euro 16 million facility granted to TeraPlast Group, one of the leading Romanian producers of materials for installation, construction and design markets.
The senior loans granted by EBRD will finance the implementation of the group’s projects in CEE.
Wetterbest, which manufactures metallic sheet tiles, is set to develop a new roof systems production and storage facility. The loans will also be used by TeraSteel to refinance the setting-up of its metallic sandwich panels production facility in Serbia and further expand its CEE presence.
Mușat & Asociații’s team was lead by Monia Dobrescu, Partner, and formed of skilled lawyers, counselling on a wide range of legal issues related to the project, among which Madalina Trifan, Managing Associate, and Cristian Cepesi, Senior Associate.
“We are always happy to support the progress and expansion of business. It was a pleasure working once more with EBRD’s experienced team and our colleagues from Bird & Bird (London) and we are glad to see that our combined efforts led to successful results”, says Monia Dobrescu, Partner and coordinator of the Banking and Finance Practice.
Mușat & Asociații is a leading firm in Banking & Finance, recognized for its wealth of expertise and ability to handle both local and international transactions.
The firm houses one of the largest Banking & Finance teams in the Romanian legal market and advises large international companies, banks and other financial institutions on project development, project finance, syndicated and leveraged finance, regulatory and compliance, restructuring, real estate finance, leasing, security taking and enforcement, debt issues, and insolvency matters across a wide range of industry sectors.