P&P advises the syndicate of arrangers and initial purchasers in connection with doValue’s pivotal €300m high yield bond offering to support the refinancing of its existing debt following the acquisition of 100% of the share capital of Italian credit management company Gardant S.p.A.
doValue is a leading provider of strategic financial services in Southern Europe, particularly in Italy, Spain, Greece and Cyprus, and is publicly listed on the Milan Stock Exchange.
P&P advises the syndicate on all matters of Greek law in the bond offering materials and the granting of a guarantee by doValue’s Greek subsidiary as well as the security agent in relation to the taking of Greek law governed security.
Our team was led by Nikolas Katsaros, Partner and Head of Banking & Capital Markets, with valuable support from Partner Maria Karabella.