Andreea Badea LMA

Counsel

About

Areas of FocusEnergy and Natural Resources Financial Services Industrials Infrastructure, Construction and Transport Insurance Life Sciences Media Sports and Entertainment Real Estate Finance Restructuring Technology

EXPERIENCE

Advised Austrian regional bank on a EUR16.6 million multi-tranche real estate financing and on a separate EUR15 million single-tranche real estate financing to two Romanian retail outlet operators, including the Romanian facility agreement and Romanian security package.
Advised an European battery manufacturer and its Romanian subsidiary in connection with a cross-border financing package implemented as part of the VARTA Group restructuring, including a EUR30 million bridge facility, a EUR60 million term facility and the restructuring and amendment of existing EUR235 million term and revolving credit facilities. Acted on all Romanian law aspects relating to the Romanian subsidiary’s participation as guarantor and security provider.
Advised international manufacturer of flexible polyurethane foam products and its Romanian subsidiary on a cross-border financing programme, including an upsizing of an existing senior facilities agreement and a EUR250 million refinancing of the group's debt. The refinancing involved the repayment and replacement of existing senior facilities and the implementation of a new financing platform to support the group's general corporate and working capital requirements.
Advised a Luxembourg investment funds on three subordinated MREL-compliant loans to a Romanian credit institution, including alignment with Tier 2 capital requirements and Romanian regulatory comments.
Advised a local branch of a Turkish bank with the amendment of the existing contractual loan documentation with the parent bank to ensure compliance with the relevant Minimum Requirements for own funds and Eligible Liabilities (MREL) and bail-in requirements applicable to EU credit institutions under the EU Bank Recovery and Resolution mechanism rules.
Advised the Government of Romania, acting through the Ministry of Public Finance, on the annual reviews of the documentation for its Medium Term Notes (MTN) Programme with a total value of EUR20 billion, as well as on an issuance of several tranches under the programme.
Advised a Resolution authority within the Banking Union with an extensive and thorough exercise aimed to analyze the implementation of certain (resolution) powers under the BRRD (Directive 2014/59/EU) into the national law and identify practical impediments when using those powers in the scenario where the resolution entity is incorporated in Romania.
Advised a Global financial technology company on Romanian fincrime requirements, a gap analysis and validation of internal policies, and the post-Brexit reverse-solicitation framework for cross-border financial services.
Advised on the regulatory and legal framework applicable to the acquisition, holding and servicing of Romanian NPL portfolios and other distressed assets, including corporate and consumer receivables.
Advised an EU digital bank on its Romanian market entry, including the cross-border regulatory framework, implementation, localisation of customer documentation and ongoing compliance support.

Languages

Education

University: Robert Schuman University, Faculty of Law and Political Sciences, Strasbourg, France; Degree: LMA Banking and Financial Law, 2006

University: University of Bucharest, Law School; Degree: LL.B., 2005

University: Collège Juridique Juridique Franco-Roumain d’Etudes Européennes, University of Paris I - Panthéon Sorbonne; Degree: LL.B. in European Union and French Law, 2005

Prior Experience