Stefan Ionescu

Ștefan Ionescu

Senior Associate

stefan.ionescu@nndkp.ro
+40 21 201 1200

Practice areas

Expertise

  • acquisition finance
  • bank lending: investment grade debt and syndicated loans
  • project finance and real estate finance
  • debt restructuring, workout, insolvency and enforcement strategies
  • banking and finance regulatory matters
  • capital markets transactions and regulatory matters

Representative Cases and Transactions

Banking and Finance

  • lead counsel for the lenders in connection with a club type syndicated facility in the amount of 190 million EUR extended by three leading banks in Romania to a large group of companies active in the pharmaceutical field, as well as a milestone 100 million EUR factoring solution by two of the banks to one of the members of the group
  • assistance to the facility agent in relation to all Romanian matters in connection with senior and mezzanine facilities of up to 1.3 billion EUR made available to a major group operating in the medical industry
  • negotiation and amendment, on behalf of a major real estate group, of the credit and security documentation for a loan portfolio of more than 300 million EUR
  • lead counsel to a leading commercial bank, in relation to restructuring a 170 million EUR financing to a number of companies operating in various industries, including energy and pharmaceuticals
  • advice to a leading global bank in relation to the cross-border merger with its Romanian subsidiary and establishment of its Romanian branch
  • advice to a group of major investors in the competitive bidding for the largest recorded NPL portfolio for sale in Romania with a face value of up to 2.7 billion EUR
  • assistance to one of Romania’s largest real estate groups in relation to structuring, negotiating and securing financing for their projects in excess of 200 million EUR
  • advice to the lender in a project finance transaction for the development of a biomass energy plant in Romania by a joint venture between Austrian and Romanian investors
  • advice to Romania’s two largest banks in complex syndicated  arrangements made in relation to the 24 million EUR financing of a major company operating in the food industry
  • assistance to a Romanian bank in all stages of drafting, structuring and delivering a new and friendlier concept for the bank’s retail documentation

Capital Markets

  • advice to a local public authority in relation to a 500 million EUR bond issuance, the largest ever municipal bond issue in Romania
  • advice to a global investment bank acting as purchaser in connection with the bond issuance of a major Romanian manufacturer listed on the Bucharest Stock Exchange
  • advice to several global investment firms in relation to Romanian securities and custody arrangements
  • assistance on corporate governance and regulatory capital markets matters to one of the major investment firms on the Romanian market
  • assistance to a leading Romanian company active in the construction materials industry listed on the Bucharest Stock Exchange on various matters concerning its debt, corporate and operational restructuring process

Education

  • University of Bucharest Law School, Law Degree
  • Paris I Panthéon-Sorbonne University, Collège Juridique Franco-Roumain d’Etudes Européennes, Masters Degree in European Business Law
  • Erasmus University of Rotterdam, Erasmus Scholarship
  • Paris I Panthéon-Sorbonne University, Collège Juridique Franco-Roumain d’Etudes Européennes, Master Degree in Banking and Finance

Memberships and Affiliations

  • Bucharest Bar

Notable Contributions

  • Taking assets under administration as an enforcement method — a new “step-in” right introduced by the new Civil Code” (Wall-Street, April 2012)