Filip & Company assisted the Ministry of Public Finance in the issuance of EUR 3.3 billion worth of Eurobonds

Filip & Company law firm assisted the Ministry of Public Finance, alongside Linklaters law firm, in an issuance of Eurobonds in two tranches that raised EUR 3.3 billion from international markets. The first tranche consists of EUR 1.3 billion 2.750% Eurobonds due 2026, while the second tranche is of EUR 2 billion 3.624% Eurobonds due 2030.

“Financing the economy is the big challenge of this year. The effects of the pandemic are visible in the economy and in the society, and the state must access external funds in order to be able to support assistance or relaunch programs. During this difficult period, Romania has managed to obtain financing under favourable conditions compared to countries in the same investment category, based on a relatively high interest from investors and in an extremely compressed timeline. We are glad that we were able to help and we hope that the next financing will occur in calmer market conditions”, declared Alexandru Bîrsan, partner at Filip & Company.

The Filip & Company team that assisted the Ministry of Public Finance in this project was mainly composed of Alexandru Bîrsan (partner), Monica Stătescu (counsel) and Andreea Bănică (associate).

Filip & Company has one of the most dynamic Finance and Capital Markets practices in Romania. Our team includes specialists with a rich prior experience acquired in complex internal and international transactions.