Finance is crucial for most of the major capital projects and transactions. Starting with the nineties, the financial market in Romania has rapidly developed, as the business environment has significantly expanded. Therefore, financial institutions are constantly shaping tools to provide more complex and sophisticated services, whilst those borrowing seek the most advantageous financial schemes to fuel their business at the fastest pace.

STM is strongly connected to this environment, as our attorneys give focused advice on a broad range of financing facilities across the credit spectrum (such as acquisition and project finance, loan finance and the full range of asset finance, with a particular focus on real estate and construction). We also provide advice on the regulatory aspects relevant to these fields.

We have advised commercial and investment banks, both international and domestic (including arrangers of syndicated loans) and private equity lenders.

We also keep a close eye on the new forms of financing, recently implemented on the Romanian business market. For such we create innovative structures to meet the clients' needs.

Selective list of projects

• Advising the majority shareholders of a local bank in connection with the interpretation and enforcement of the sale purchase agreement having as object the majority package of bank's shares.
• Assistance of a local financial institution on an inter-bank dispute on co-finance claims raised by a member of the financing syndicate.
• Advising a local financial institution with respect to certain clearing operations, involving credit instruments under claim from another competitor.