about us | newsletter | contact | archive | members area
Bogdan Nitulescu, Tremend
Cryptocurrencies volatility is a big problem»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Clifford Chance Badea awarded for the Romgaz IPO

Capital Markets Awards Gala organized by the Romanian Brokers Association granted Clifford Chance Badea the Award for Legal Advisory provided on the dual listing of shares and GDRs by Romgaz, the largest natural-gas producer in Romania, on the Bucharest and London stock exchanges, the law firm announced today.

2013-12-06 17:47:36

"We are honoured to have been part of a deal that made history for the Romanian Capital Market," said Madalina Rachieru, Counsel within the Capital Markets practice area of Clifford Chance Badea.

"This was the country's largest initial public offering and the first IPO of a state-owned company done at international standards. Clifford Chance Badea was involved in all the stages of the deal, from due diligence and drafting of the prospectus to the drafting and negotiation of the transaction documents."

The Firm had a lead team of 10 to 12 Romanian, English and American lawyers that were coordinated by 3 partners from the Bucharest and London offices (Daniel Badea on Romanian law, Adrian Cartwright on English law and Bob Trefny on American law, respectively). At times, when the deal intensity peaked, the team grew to up to 25 lawyers. The entire process was directly coordinated by Madalina Rachieru, Counsel and Radu Ropota, Senior Associate.

Daniel Badea, Managing Partner of Clifford Chance Badea, added: "This award acknowledges the performance of a very active capital markets team. For three years in a row now, the international guide IFLR 1000 has ranked Clifford Chance Badea as a Tier 1 law firm for its Banking & Capital Markets practice. We were involved in virtually all the major capital markets transactions in Romania, which stand for best practices examples at international standards. The recent successful IPO has placed Romania on the international investors′ roadmap and is a window of opportunity that I hope the capital market, the business environment and the public sector in Romania will benefit from."

The Capital Markets practice of Clifford Chance Badea includes ten lawyers and is coordinated by Madalina Rachieru. Usually, the team provides legal assistance to underwriting syndicates, but it has a similarly strong experience in assisting issuers as well. Clifford Chance has been present in Romania since 2006 and operates now as Clifford Chance Badea, being the only fully-integrated Magic Circle firm in Romania. The Bucharest office has 3 partners (Daniel Badea, Managing Partner, Nadia Badea and Perry Zizzi) supported by an international team of 45 fee earners. Clifford Chance Badea is frequently involved in complex transactions such as syndicated loans, project finance, restructurings, Eurobonds and shares issues on international capital markets, derivatives, companies′ acquisitions by strategic investors or private equity funds, infrastructure and motorway projects, real estate investments, etc., as well as domestic and international litigation and arbitration.

Clifford Chance Badea ranks first among law firms in Romania under the section of Banking & Finance in the most recent editions of Legal500 and Chambers Global, and is a Tier 1 firm under Banking, Capital Markets and Project Finance practices according to the latest issue of IFLR1000 directory.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  5947 Views
Daily Info
Corina Popescu is the new CEO of Electrica

The Board of Directors of Electrica, one of the most valuable companies where the state is the main stakeholder, has agreed to end the collaboration with its CEO Dan Catalin S...

Skanska delivers the first building of the Campus 6 office project in Bucharest

Skanska inaugurates Campus 6.1, the first completed building in Campus 6, a project that marks the expansion of Skanska Romania in the Center - West area of the capital.

ArcelorMittal receives binding offer for European assets from Liberty

British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.

Marco Eichhorn appointed general manager of Radisson Hotel in Bucharest

The Radisson Hotel Group, one of the world's largest hotel groups, has announced Marco Eichhorn as general manager of two hotels in the Romanian capital.

Crosspoint Real Estate appointed exclusive sale agent for H Pipera Lake residential project in northern Bucharest

Crosspoint Real Estate has been appointed exclusive agent for the sale of the units in H Pipera Lake residential project, developed by Hagag Development Europe.

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
ArcelorMittal receives binding offer for European assets from Liberty

British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.

Corina Popescu is the new CEO of Electrica

The Board of Directors of Electrica, one of the most valuable companies where the state is the main stakeholder, has agreed to end the collaboration with its CEO Dan Catali...

Crosspoint Real Estate appointed exclusive sale agent for H Pipera Lake residential project in northern Bucharest

Crosspoint Real Estate has been appointed exclusive agent for the sale of the units in H Pipera Lake residential project, developed by Hagag Development Europe.

Belgian real estate developer WDP to launch new 75 million Euro projects in Romania

WDP kicked off its Investor Day in Romania by announcing an additional investment volume of around 75 million Euro, amounting to some 130,000 sqm in property, both through ...

Skanska delivers the first building of the Campus 6 office project in Bucharest

Skanska inaugurates Campus 6.1, the first completed building in Campus 6, a project that marks the expansion of Skanska Romania in the Center - West area of the capital.

President Iohannis to hold CSAT meeting on September 4 for budget revision

Romanian president Klaus Iohannis has summoned on September 4 the members of the Supreme Council of National Defence (CSAT) to approve the budget revisions for institutions...

1 Comment

New Government reshuffle in Romania to take place in October

A new reshuffle of the Government is supposed to take place in early October, according to the Socialist-Democrat Party (PSD) Liviu Dragnea. He said that, together with the...