Advising a consortium of shareholders on their investment in a Greek credit institution

George Bersis, assisted by Elena Theocharakou and Elli Anastopoulou represent a consortium of shareholders with respect to the management of their investment in a Greek listed credit institution. The mandate includes advising on various corporate law and corporate governance matters as well as on shareholders’ negotiations regarding future capital actions in the investee institution.

Insolvency litigation proceedings – judicial revocation of transactions

Konstantinos Papadiamantis, Head of Litigation, supported by Konstantina Panagopoulou Perez (Associate) and Katerina Michaela Perraki (Junior Associate) successfully represented before the Athens Appeal Court a leading company of the Greek supermarket industry in the context of insolvency litigation proceedings. The pending dispute related to the judicial revocation of numerous transactions whose total value (summing all pending disputes of the same client handled by the firm) exceeded the amount of 5.5 million Euros.

Acquisition of a privately owned wealth and alternative fund management firm

Co-Managing Partner George Bersis, Senior Associate Elena Theocharakou and Associates Anastasios Charalampous and Elli Anastopoulou advised one of the Greek systemic banks on the acquisition of one of the most successful Greek alternative investment fund managers, licensed by the HCMC, with total assets under management exceeding €1bn.

Acquisition of a hotel resort located in Elounda, Crete

Co-Managing Partner George Bersis and Senior Associate Amalia Balla advised one of the largest owners of hotel resorts in Southern Europe on the complex acquisition of a company owning and operating a hotel resort, situated in Elounda, Crete, following its demerger. The team was joined by Partner Theologos Mintzas and Associate Anastasia Bolari, who advised on the negotiations regarding the refurbishment and management of the resort.

Public offering of €100m senior bonds and listing on ATHEX

George Bersis and team acted as legal advisors to the issuance advisor, joint coordinators and bookrunners for the public offering of €100m senior bonds listed on ATHEX issued by a listed company active in the real estate sector.

Agreements for the exclusive right to provide water and sewerage services and the operation and maintenance of the water infrastructure system of Attica.

We advised the incumbent water and sewerage company in Greece on its agreement with the Greek State for the exclusive right to provide water and sewerage services until 31.12.2040 to over 4 million consumers in the area of Attica and on an operation and maintenance services agreement for the national water infrastructure system. Euripides Ioannou, Head of Project Finance, and Nikolaos Kampantais, Associate, advised on the transaction.

c. 221m EUR financing of the sponsors’ committed investment for the development of the new international airport in Heraklion, Greece

We advised a Greek bank on a circa 221 million financing to the sponsors of the new International Airport in Heraklion Crete in order to fund their committed investment obligations under a 35-year concession agreement for the construction and operation of the airport. The overall project cost is expected to cost €1.5 billion and is sponsored by one of Greece’s largest infrastructure groups and one of the top five airport developers globally. The transaction was led by Euripides Ioannou, Head of Project Finance, and Nikolaos Kampantais, Associate.

c. 51m EUR share capital increase of a company listed on ATHEX

George Bersis, assisted by Elena Theocharakou and Anastasios Charalampous, advised a leading listed construction and RES company on the increase of its share capital with preemption rights, through a public offering, with c. 51 m EUR total proceeds.

Project financing of a cluster of photovoltaic projects located in Greece

Project financing of a cluster of photovoltaic projects located in Greece We advised a Greek financial institution in relation to a circa €60 million bond loan facility granted to a Greek subsidiary of an international renewable energy corporate group for the purposes of financing the construction of seven (7) solar PV projects in Greece with a total generating capacity of 60.3 MWp. Euripides Ioannou, Head of Project Finance & Energy and Anthea Terlegas, Senior Associate, lead the transaction supported by Nikolaos Kampantais.