Recognisable names in the finance sphere, from leading global investment banks and financial institutions, to regional blue-chip companies, look to the banking and finance practice at Clifford Chance Badea. Covering the gamut of matters in the field, the practice has had notable recent activity in project financing, corporate lending, leveraged finance, environmental infrastructure investment schemes, securitisations, and complex debt restructuring. The department is jointly coordinated by a quartet of lawyers: Madalina Rachieru-Postolache, a versatile finance lawyer of 20 years’ experience; finance and debt capital markets expert Cosmin Anghel; project finance lead Andreea Sisman; and figurehead managing partner Daniel Badea. Anghel and Sisman were both raised to the partnership in March 2025, and Oana Ionascu stands out among the pool of more junior lawyers.
Legal 500 Editorial commentary
Accolades
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- ‘Clifford Chance's team is very appreciated in the market.’
- ‘Madalina Rachieru–Postolache is an excellent lawyer and extremely pleasant to work with. Her expertise speaks for itself. She is the perfect legal advisor to have by your side (and even on the opposing side) in a project financing.'
- 'Alexandru Achim is knowledgeable and experienced.’
- ‘Strong and experienced team, with international presence and deep knowledge of the market. ’
- ‘Very professional, quick to answer, well documented and innovative solutions.’
- ‘They are part of a strong international group, which is particularly valuable in the context of a globalised society and cross-border projects. They also demonstrate a solid understanding of the market and legal developments, supported by one of the most capable teams and high-quality services.’
- ‘Cosmin Anghel is an exceptional finance lawyer — truly one of a kind, combining refined expertise with remarkable clarity.'
Key clients
- EBRD
- Banca Comerciala Romana
- UniCredit
- Citigroup
- Banco Santander
- Nofar Energy
- R.Power
- ING Bank
- Erste
- P Capital
- EBRD
- Banca Comerciala Romana
- UniCredit
- Citigroup
- Banco Santander
- Nofar Energy
- R.Power
- ING Bank
- Erste
- P Capital
Work highlights
Advised a banking syndicate, including UniCredit Bank, Banca Comerciala Romana (BCR) and Erste Group Bank, on the signing of a €214.45m financing agreement with Austrian group Enery Power Holding for its Romanian portfolio of renewable energy projects and batteries.
Advised the lenders on syndicated financing for CCC S.A., including factoring up to a total value of PLN 1.8bn and subsequent increase up to a total value of PLN 3.66bn.
Advised Nofar Energy, through its Romanian entities Solis Imperium and RTG Solar Energy, on the signing of a €110m term loan facility agreement and VAT facility agreement with the European Bank for Reconstruction and Development and Raiffeisen International, acting as lenders.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Oana Ionascu
Practice head
Daniel Badea; Madalina Rachieru–Postolache; Cosmin Anghel; Andreea Sisman
Other key lawyers
Oana Ionascu; Alexandru Achim