Filip & Company law firm provided legal assistance to Premier Energy in connection with the signing of a Bridge Facility Agreement worth up to EUR 825 million, provided by J.P. Morgan and UniCredit Bank, intended to finance the acquisition of the Evryo Group, including Distribuție Energie Oltenia, one of Romania’s leading electricity distribution operators.
The facility will cover both the financing of the acquisition and the refinancing of a portion of Premier Energy’s existing debt. The transaction represents one of the largest financing deals for an acquisition in Romania’s energy sector and marks an important step in the development and consolidation of Premier Energy’s position in the regional market.
“The energy sector continues to be one of the most dynamic sectors of the economy—we are pleased to have had the opportunity to assist Premier Energy in a transaction of significant strategic importance for the Romanian energy market, and we thank them for their trust and for the excellent collaboration throughout the entire project”, said Alexandra Manciulea, partner at Filip & Company.
The Filip & Company team that assisted Premier Energy in this transaction was coordinated by Alexandra Manciulea (partner) and Alexandru Bîrsan (managing partner) and included Sandra Danciu (associate).
The Greenberg Traurig law firm provided legal counsel on the aspects of English law applicable to the transaction.
Filip & Company has one of the most dynamic and experienced Banking and Financial Services practices and is ranked in the top tier by the prestigious Legal 500 publication. The team includes specialists with an extensive and successful track record in complex financial transactions, acquired both domestically and internationally.
Filip & Company
Filip & Company 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 significant experience in various areas, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets but also labour law, data protection, consumer or environment 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 areas and team.
