Grup Serban Secures EUR 73 Million Financing for Expansion
Deal News | Dec 24, 2024 | RTPR
Grup Serban Holding, alongside its subsidiaries, has successfully secured a EUR 73 million syndicated facility. The financing aims to refinance existing debts while also supporting the development and expansion of its activities. This substantial funding arrangement was closely coordinated by BRD Groupe—a leading financial group. RTPR, acting as the legal advisor, played a pivotal role in assisting Grup Serban in navigating the complexities of securing and structuring the syndicate facility. The move underscores Grup Serban's strategic initiative to bolster its financial standing and pursue growth opportunities, facilitated by a robust partnership with key financial institutions.
Sectors
- Finance
- Legal Services
Geography
- Romania – Grup Serban Holding is based in Romania, and the financing was arranged with the involvement of Romanian financial entities.
Industry
- Finance – The involved transaction pertains to a significant financing arrangement, which is core to the financial services industry.
- Legal Services – RTPR's advisory role underlines the necessity of legal services in structuring complex financial transactions.
Financials
- EUR 73 million – The total value of the syndicated facility secured by Grup Serban Holding.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Grup Serban Holding | Target company | Company | A company seeking funding to refinance its debts and support its growth initiatives. |
| RTPR | Legal advisor | Company | Provided legal advisory services to Grup Serban Holding in relation to the financing. |
| BRD Groupe | Coordinator of financing | Company | A financial group responsible for coordinating the EUR 73 million financing facility. |