Gladei & Partners

Moldova

IFLR1000 Reviews

Financial and corporate

Established in 2007, Gladei & Partners is a full-service corporate law firm with an office in Chisinau. The firm is active in financial and corporate and is led by Roger Gladei, who works alongside partners Iulian Pasatii and Valeriu Cernei. 

Highlights

The firm advised Trans-Oil Group, and its 15 Moldovan subsidiaries, in relation to a USD550 million eurobond issuance in November 2024. The team worked alongside international counsel Baker McKenzie. The deal involved six jurisdictions, regulatory scrutiny in the EU and US, and a parallel refinancing transaction. The deal helped narrow the gap between EU and Moldovan financial markets practice and set a benchmark for the country's capital markets. 

In September 2024 the team also advised Moldova's largest bank, MAIB, complete a buyback of 3% of its own shares, marking the first ever buyback by a Moldovan issuer. 

The firm also represented the European Investment Bank in a EUR94 million loan to MAIB. The facility consist in a EUR50 million loan to fund green investments by SMEs, and a EUR44 million portfolio guarantee, backed by the European Commission, to MSMEs. 

Key clients 

EBRD, MAIB, Google, Apple, Victoriabank and Moldindconbank