News

PNSA advised Ameropa Group on a €347 million syndicated facility

1 August 2022

PNSA advised its long-standing client Ameropa Group, leading Swiss grain and fertilizer trader, on a €347 million Senior Secured Multicurrency Revolving Credit Facility granted by a syndicate of banks composed of Banca Comerciala Romana and Raiffeisen Bank, as joint Initial Mandated Lead Arrangers and Bookrunners, together with ING Bank N.V. Amsterdam – Bucharest Branch and UniCredit Bank, as Mandated Lead Arrangers.

Ameropa Group signs a €347 million Senior Secured Multicurrency Revolving Credit Facility

The group can also access an additional funding of up to €104 million in line with the increase of the grains and fertilizers' prices.

The funds will be used by Ameropa Group's Romanian entities, i.e. fertilizer producer Azomures, trader Ameropa Grains and port operator Chimpex, to finance their working capital needs.

PNSA team was led by Partner Bogdan C. Stoica, along with Senior Associate Claudia Salomia and Associate Ioana Lazăr.

PNSA has advised Ameropa since its entry in Romania.

About Ameropa

Ameropa is a Swiss-based agri-business group founded in 1948 with world-wide activities that span the full supply chain, ranging from production, to logistics and merchandising, to distribution. A core activity of the group is the global merchandising and distribution of fertilizer and food & feed products, supported and enabled by complementary assets, such as silos, warehouses and port facilities, as well as upstream assets such as fertilizer production plants. Active in more than 30 countries, the group is the largest exporter of grains out of the Danube region and the largest independent global fertilizer trader, which selectively invests in logistical and processing assets.