Filip & Company assisted Banca Transilvania in the synthetic securitization deal with the European Investment Bank and the European Investment Fund. The implementation of this initiative, the first capital relief transaction between Banca Transilvania and the European Investment Bank Group entities, will increase access to finance for SMEs and mid-cap companies meeting certain eligibility criteria, by freeing up capital allocated to a portfolio of assets with a total balance of over RON 2 billion.

“This synthetic securitization by Banca Transilvania is an important step in the development of the Romanian banking market leader and widens access to funding for medium and small companies in particular. This is significant not only for Banca Transilvania, but also for the local economy as a whole, as it boosts financing accessibility for businesses that often find it difficult to raise capital to sustain their growth and innovation. We are glad to have had the opportunity to partner with Banca Transilvania once again and thank them for their confidence in this important project and for the excellent collaboration”, says Alexandru Bîrsan, partner and head of Mergers & acquisitions and Capital markets at Filip & Company.

The Filip & Company team that assisted Banca Transilvania on this project consisted mainly of Alexandru Bîrsan (partner) and Camelia Ianțuc (senior associate).

Filip & Company has some of the most dynamic and experienced Banking and financial services practices, having been ranked in the top tier by the prestigious Legal 500. The team includes specialists with extensive and successful experience in complex financial market transactions, gained in both domestic and international transactions.

Filip & Company

Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have significant experience in various areas, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses. Please visit www.filipandcompany.com to find out more about Filip & Company’s expertise areas and team.