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

Accolades

Included in international rankings since 2018; most recently:

  • Rising Star, Banking and Finance                        (IFLR 1000, 2019)

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, 2012)