Real estate developer CTPark Romania has secured a €200 mln syndicated loan to refinance the development of 40 environmentally friendly logistics and industrial buildings.
These assets are located within CTPark Bucharest, a large complex totaling 565,000 m2 of leasable space located near kilometer 13 on the A1 highway.
Alpha Bank Romania and Alpha Bank played a key role as coordinators, lead arrangers, facility and security agents, and lenders. BRD - Groupe Societe Generale contributed as a lead arranger, lender, account bank, and hedging counterparty. ING Bank, through ING Bank Romania, also participated as a lead arranger and lender, with ING Bank acting as their hedging counterparty.
Sergiu Oprescu, executive president of Alpha Bank Romania and general director of the Alpha Bank Group International Network, said: ‘We are delighted to be part of this significant financing agreement for CTP Romania, the largest developer of logistics and green industrial spaces in Romania.’
Denton partner Simona Marin commented: ‘We are honored to have been entrusted with the opportunity to assist CTP in yet another transaction on the local market, enabling our client's expansion and further solidifying its position as a leading player in the green logistics space within Romania.’
This significant loan deal exemplifies the banks' commitment to fostering sustainable growth within Romania's logistics and industrial sector.
Global law firm Dentons advised CTP on the syndicated credit facility.
