MedLife announces the signing of a syndicated credit facility

Bank, Raiffeisen Bank, BRD Groupe Societe Generale and Banca Transilvania, for refinancing the existing facilities, extending the financing period, rearranging the related terms and conditions, and to raise the funding limit to a threshold of around 66 million euros.

The additional credit limit of 10 million will be in the form of a facility in term and will be used by MedLife, together with other company's own cash, for possible new market opportunities.

The Banking Association is made up of the Romanian Commercial Bank as coordinator, principal arranger, facilitator and guarantee agent and financier, BRD Groupe Société Générale, Raiffeisen Bank and Banca Transilvania, as arrangers and financiers. The bank-financed loan is primarily aimed at developing the procurement program.


Ţuca Zbârcea & Asociaţii offered legal assistance services to the bank syndicate and the team of lawyers included Mihai Dudoiu, Partner, Cătălin Georgescu, Managing Associate and Sergiu Negreanu, Attorney-at-Law.

May 20, 2019 15:19
Dragos and Adrian Paval, owners of DIY network Dedeman launch a new equity fun...more »
April 22, 2019 12:47
A PwC Romania study that has compared the performance of the most relevant two i...more »
 
April 09, 2019 14:20
CITR was appointed judicial administrator in the insolvency proceedings of Octag...more »
January 23, 2019 12:45
The 2019 M&A market will count around 100 deals, keeping a similar trend w...more »
Govnet Next Events