Nestor Nestor Diculescu Kingston Petersen has assisted MedLife on increasing its syndicated loan by EUR 50 million, reaching a total financing amount of EUR 330 million. Legal Ground advised the banking syndicate involved.
MedLife is a private healthcare network in Romania.
According to NNDKP, the new funds were secured from a syndicate of banks including Banca Comerciala Romana, Raiffeisen Bank, BRD Groupe Societe Generale, Banca Transilvania, and ING Bank Amsterdam Bucharest Branch. MedLife will deploy the additional capital to complete ongoing projects and bolster its expansion and acquisition strategy both domestically and internationally.
The NNDKP team included Partner Alina Radu, Senior Associate Alexandru Ciambur, and Associates Diana Vasile, Anda Dragoi, and Bogdan Ciacli.
The Legal Ground team included Partners Mihai Dudoiu and Sergiu Negreanu and Counsel Sorina Stefoni.