Romanian banking institutions CEC and Exim Banca Românească extend a EUR 14.1 million investment loan to AAylex Group
CEC Bank and Exim Banca Românească have extended a syndicated credit facility worth €14.1 million to the AAylex Group, a significant player in Romania's food industry. This loan will finance the group's development projects focused on the superior processing of Romanian raw materials, aiming to increase value-added products within the agri-food sector. Notably, these investments also benefit from non-reimbursable European funds.
This newest financing agreement complements a €15 million credit line granted by CEC Bank to the Group in 2022 for supporting current operations. PCF Investment Banking played a pivotal role as the exclusive arranger in the structuring, negotiations, and execution of the transaction for AAylex ONE Group.
Legal assistance was provided during the transaction, with Tuca Zbârcea și Asociații acting for the lending financial institutions, and Legal Ground advising AAylex Group. Banca Transilvania acted as the security agent for the loan.
[1]: The European funds contributing to the investments are not specified in the original text.[2]: Details about the nature and scope of the investments are not disclosed.[3]: This information is included in the enrichment data but not mentioned in the original text.
The finance provided by CEC Bank and Exim Banca Românească will aid the AAylex Group in investing in their business development projects, particularly in value-added products within the agri-food sector. The syndicated credit facility of €14.1 million will also be used to finance projects focused on superior processing of Romanian raw materials.
