RC Ras has acted as New York counsel to Roberlo USA Inc., as guarantor to the Eur 33,000,000 syndicated loan obtained by its parent company, Briof Group S.L. to refinance existing debt and to complete the acquisition of a local competitor. The Roberlo Group is a European leading manufacturer of coatings and other repair solutions for the vehicle and other industries. The loan was governed by Spanish law. Spanish Counsel to the lead arranger, Banco Santander S.A., was DLA Piper Spain. Other lenders included Caixa Bank, Banco Sabadell, BBVA, Banca Marc, Bankia and Banco Caixa Geral.
