Saturday, 25 October 2025
Reff & Associates | Deloitte Legal has advised PK Development Holding, part of the Prime Kapital group, on a €100 million bond issue subscribed primarily by the five former financial investment funds (SIFs): Lion Capital, Evergent Investments, Transilvania Investments, Longshield Investment Group, and Infinity Capital.
The privately placed issue was addressed to a limited group of investors. The funds raised will be used to support Prime Kapital’s ongoing activities and new investments.
Reff & Associates | Deloitte Legal provided full legal support, with a multidisciplinary team covering both banking & finance and real estate aspects. The team included Partner Andrei Burz-Pinzaru and Senior Managing Associate Patricia Enache, who coordinated the project, alongside Senior Associate Bogdan Vlad and Junior Associate Lorin Schonfeld. From the real estate side, Partner Irina Dimitriu and Senior Managing Associate Simona Iacob also contributed.
“The transaction represents one of the most important bond issues in Romania in recent years and highlights both the appetite of issuers to diversify financing sources and that of professional investors to expand the investment portfolio. We are glad to partner with Prime Kapital in this successful venture, contributing once again to our excellent and long-standing collaboration,” said Andrei Burz-Pinzaru, Partner at Reff & Associates | Deloitte Legal and Head of the Financial-Banking Department.
Prime Kapital is an established real estate developer, investor, and operator in Central and Eastern Europe. The company has been active in the Romanian and regional market for nearly two decades and is recognized for delivering projects with long-term sustainability. Its vertically integrated business covers the entire development chain, from acquisitions and design to construction, leasing, sales, and property management.
Reff & Associates | Deloitte Legal is regarded as a leading Romanian law firm, with practice areas spanning banking and finance, real estate, corporate and M&A, litigation, competition, employment, and energy. It is part of Deloitte Legal’s global network of more than 2,500 lawyers across 80 countries.
