Leading Romanian law firm Musat & Asociatii acted as legal counsel to the European Bank for Reconstruction and Development (EBRD) on a Euro 16 million facility granted to TeraPlast Group, one of the leading Romanian producers of materials for installation, construction and design markets.

The senior loans granted by EBRD will finance the implementation of the group’s projects in CEE.

Wetterbest, which manufactures metallic sheet tiles, is set to develop a new roof systems production and storage facility. The loans will also be used by TeraSteel to refinance the setting-up of its metallic sandwich panels production facility in Serbia and further expand its CEE presence.

Musat & Asociatii’s team was lead by Monia Dobrescu, Partner, and formed of skilled lawyers, counselling on a wide range of legal issues related to the project, among which Madalina Trifan, Managing Associate, and Cristian Cepesi, Senior Associate.

We are always happy to support the progress and expansion of business. It was a pleasure working once more with EBRD’s experienced team and our colleagues from Bird & Bird (London) and we are glad to see that our combined efforts led to successful results”, says Monia Dobrescu, Partner and coordinator of the Banking and Finance Practice.

Muşat & Asociații is a leading firm in Banking & Finance, recognized for its wealth of expertise and ability to handle both local and international transactions.

The firm houses one of the largest Banking & Finance teams in the Romanian legal market and advises large international companies, banks and other financial institutions on project development, project finance, syndicated and leveraged finance, regulatory and compliance, restructuring, real estate finance, leasing, security taking and enforcement, debt issues, and insolvency matters across a wide range of industry sectors.

 

About MUSAT & ASOCIATII

MUŞAT & ASOCIAŢII (www.musat.ro) is one of the first law firms established in Romania, immediately after the fall of the communist regime in December 1989. Currently, with 16 partners and over 100 attorneys and advisors, MUŞAT & ASOCIAŢII provides consulting services in all business law areas, including Mergers & Acquisitions, Privatization, Banking, Energy & Natural Resources, Competition, Corporate, Telecommunications & IT, Labour, Tax, Capital Markets, Real Estate, Environmental Law, Litigation & Commercial Arbitration and Criminal Law.

On a regular basis, MUŞAT & ASOCIAŢII provides the most renowned and valued corporations in Romania and abroad, including a third of Top 100 and a half of Top 500 largest companies in Romania, as well as public and financial institutions with legal assistance on intricate corporate and financial transactions and complex dispute resolution procedures. The law firm’s portfolio includes over 2.500 clients, most of which are foreign investors.

Recognized as one of the pillars of Romania’s business law practice, MUŞAT & ASOCIAŢII is constantly recommended by international specialized publications (Chambers & Partners, International Financial Law Review, Legal 500 etc.) as a leading law firm in Romania. Besides, many of its attorneys have been nominated by such publications among the elite of business law in Romania.

In 2018, MUŞAT & ASOCIAŢII won the award for the largest M&A Pharma transaction in Romania, for assistance granted to Dr. Max in the acquisition of A&D Pharma group, as well as other awards granted for the areas of practice: Mergers and Acquisitions/Privatization, Infrastructure and PPP/Public Procurement and Criminal Law.

In 2016, MUŞAT & ASOCIAŢII received the award for the largest transaction in the energy field, for assistance granted to Sterling Resources in the process of sale of operations in Romania to Carlyle International Energy Partners, as well as the award for the largest HORECA transaction for assisting Premier Capital in purchasing McDonald’s in Romania (awards granted by Ziarul Financiar, during the Attorney Gala).

In 2015, MUŞAT & ASOCIAŢII won the “Law Firm of the Year in Romania” award, a distinction handed out annually by the reputed British publisher “The Lawyer”, and in 2013, MUŞAT & ASOCIAŢII was appointed “Law Firm of the Year in Romania” by International Financial Law Review (IFLR), and this was the second time when the firm was granted this prestigious award, after the distinction received in 2011 (when Romania was included for the first time on the list of countries nominated for the International Financial Law Review (IFLR) awards).

Moreover, in 2012 MUŞAT & ASOCIAŢII won the Gold Award for the “Best Law Firm in Central and Eastern Europe”, an accolade awarded by the 2012 International Legal Alliance Summit & Awards, and in 2011, the renowned publication Chambers Europe awarded the “Romanian Law Firm of the Year” trophy to MUŞAT & ASOCIAŢII, the law firm with the best performance in Romania, during the “Chambers Europe Awards for Excellence 2011” gala.