NNDKP assisted MedLife in increasing its syndicated loan by 50 million euros

Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted MedLife, the largest private healthcare network in Romania and the only company with Romanian capital listed on the Stock Exchange, in increasing its syndicated loan by up to 50 million euros, thus reaching a total of 330 million euros.

The syndicate of banks that granted the loan includes Banca Comercială Română (BCR), Raiffeisen Bank, BRD Groupe Société Générale, Banca Transilvania and ING Bank N.V. Amsterdam Bucharest Branch.

MedLife will use the new funds to complete its ongoing projects and to continue its expansion and acquisition strategy both in the country and abroad.

NNDKP provided legal assistance with respect to complex matters related to the increase of the loan commitments, the negotiation of the finance documents and all other aspects specific to this type of transaction.

The NNDKP team involved in this transaction included Partner Alina Radu, Head of the Banking and Finance practice, and Senior Associate Alexandru Ciambur, together with Diana Vasile, Anda Drăgoi and Bogdan Ciacli, Asociates in the same practice.