BT, part of the syndicate of banks lending 3.1 billion lei to Electrica Group

Banca Transilvania, one of the largest lenders to the energy sector in Romania, has successfully finalized, as Mandated Joint Lead Arranger, the coordination of a syndicated loan of RON 3.1 billion for Societatea Energetică Electrica and its subsidiaries, Distribuție Energie Electrica Romania and Electrica Furnizare.

The purpose of the loan is to partially refinance loans and to support investment plans in energy infrastructure and the development of the renewable energy production portfolio.

The banks participating in the syndicate, together with Banca Transilvania, are Banca Comercială Română - Coordinating Mandated Lead Arranger, Lender, Structuring and Documentation Agent, Facility Agent; Raiffeisen Bank - Lender, Sustainability Agent; BRD - Groupe Société Générale - Lender; CEC Bank - Lender; ING Bank - Lender and Intesa Sanpaolo Bank Romania - Lender.

BT is one of Electrica Group's main partner banks and one of the most important financiers of the Romanian energy sector. As such, we are honored to have played a defining role in structuring and successfully closing a transaction that further strengthens our strategic partnership, while playing an important role in the development of Romania's energy infrastructure. The Electrica Group has ambitious growth plans, and we are determined to contribute as a financial partner to this success story.

Cosmin Călin
Senior Executive Director Large Corporate Clients, Structured Finance and Factoring
Banca Transilvania

The signing of this syndicated loan agreement marks a key step in our strategy of financial consolidation and support for investments in renewable energy. This transaction allows us not only to optimize the Electrica Group's financing structure and ensure the stability of our current and future operations, but also to focus on the development of strategic projects that contribute to Romania's energy sustainability. Thus, we are today closer to achieving our goal of becoming a leader in sustainability, creating performance and added value for the shareholders and investors who place their trust in us.

Alexandru Chiriță
CEO
Electrica

The law firms providing legal assistance to the transaction were RTPR (for the banks) and Dentons (for the Electrica Group), and the sustainability composition was structured with the support of Raiffeisen Bank.