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Kinstellar advises PKO Bank Polski on Romanian law aspects regarding the financing for Maspex Group’s acquisition of Purcari Wineries

Kinstellar, working in cooperation with Norton Rose Fulbright, has advised Powszechna Kasa Oszczędności Bank Polski (PKO Bank Polski), acting through its Romanian branch, on the Romanian law aspects of the financing provided to Maspex Romania in connection with the acquisition of Purcari Wineries. The acquisition, structured as a voluntary takeover approved by the Romanian Financial Supervisory Authority (ASF), has been partially financed by a loan governed by Polish law. Purcari Wineries is the leading wine producer in Central and Eastern Europe and the only regional wine group listed on the Bucharest Stock Exchange. It is also the largest exporter of bottled wine from Moldova, with a portfolio of premium Romanian