November 20, 2017

A&D Pharma takes out loan for business development

Romania’s A&D Pharma took out a syndicated club loan from BCR, BRD Groupe Societe Generale and UniCredit Tiriac Bank. The company wants to refinance its business and support further growth. The three lenders provided equal shares in the loan. UniCredit Tiriac Bank was the guarantee agent and UniCredit Tiriac Bank AG – London Branch was the facility agent. BCR coordinated the refinancing transaction. The group also took out a club factoring facility worth EUR 100 million for its pharmaceutical chain Sensiblu. The facility is equally provided by BCR and UniCredit Tiriac Bank.

Source: Business-Review ()

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