Category Archives: MARIE-ROXANE KARYDI

Intralot €100 Million Financing

P&P advised Intralot S.A. in relation to the issuance of a Bond Loan of up to €100 million with maturity date 30.06.2025, with Arrangers PIRAEUS BANK and the NATIONAL BANK OF GREECE. Initial bondholders are PIRAEUS BANK, THE NATIONAL BANK OF GREECE, OPTIMA BANK, ATTICA BANK and PANCRETA BANK with PIRAEUS BANK as bondholders’ representative.

Invel Real Estate sale of 5.22% in Prodea Investments

P&P Invel Real Estate in relation to all aspects regarding the sale by it to Yoda PLC group of 13,333,333 shares, representing 5.22%, in PRODEA Investments REIC, the leading Greek REIC listed on the Athens Stock Exchange. The transaction consideration amounted to €68 Million and was completed in January 2024.

Invel Real Estate MTO

Papapolitis & Papapolitis advised Invel Real Estate in relation to the mandatory tender offer (MTO) extended to all shareholders of Prodea Investments for a cash consideration of €7,50 per share.   The MTO acceptance period commenced on 21 November and ended on 18 December 2023 and resulted to Invel owning a shareholding participation 87,01% in

Intralot S.A. €135M Share Capital Increase

P&P advised Intralot S.A. in connection with its pre-emptive share capital increase concluded in October 2023. The SCI was fully subscribed for by existing shareholders as well as new investors in the company, raising total proceeds of €135m.   Ambrosia Capital Hellas acted as Lead Underwriter, Euroxx Securities as Underwriter and Piraeus Bank as Issue

Piraeus Bank – BC Partners Acquisition Financing

Papapolitis & Papapolitis advised Piraeus Bank as Arranger, Bondholder Agent, Subscriber and Bondholder in relation to a €175m acquisition financing to Alphabet Education S.A., a member of BC Parters group in relation to the acquisition by it of Metropolitan College and IEK Akmi

Lamda €230 Million Debut Green Bond Offering

P&P advised Eurobank, Piraeus Bank, Alpha Bank and Euroxx Securities as Lead Underwriters and Bookrunners and Optima Bank as Lead Underwriter in relation to Lamda Develpoment’s debut green bond offering of €230 million.

Elval Halcor €250 Million Listed Bond

Papapolitis & Papapolitis has advised Alpha Bank and Eurobank as Joint Coordinators and Lead Underwriters, Piraeus Bank, National Bank of Greece and Optima Bank as Lead Underwriters and Euroxx Securities and Axia Ventures as Underwriters in relation to the issuance of €250M listed bonds by ElvalHalcor S.A..