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Filip & Company Advises PayPoint Services on Syndicated Loan from UniCredit Bank and EBRD

Romania
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Filip & Company has advised PayPoint Services and its sole shareholder Star Payments on a financial debt restructuring process by contracting a syndicated loan from UniCredit Bank and the European Bank for Reconstruction and Development.

PayPoint Services is an operator of cash payments and electronic reloading through retail points in Romania.

According to Filip & Company, “the main purpose of the financing was to repay the existing loan agreement concluded between the same parties in 2021. The financial reorganization was structured to support the group’s consolidation and growth strategy, providing a stable platform for future investment and expansion.”

The Filip & Company team included Partner Alexandru Birsan, Counsel Rebecca Marina, Senior Associate Camelia Iantuc, and Associate Raluca Bita.

Filip & Company did not respond to our inquiry on the matter.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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