Lawyer Monthly - December 2021 Edition

Can you describe your involvement in the bond issuance in greater depth? Our team was involved in the drafting of the bond loan documentation, as well the negotiation of its terms. We also provided advice on energy regulation matters, affecting the terms of the bond loan, as well as on the adaptation of a Greek bond loan to an LMA standard. What expertise did your team bring to the transaction? Our law firm is, no doubt, regarded locally as a financing and energy powerhouse, especially when it comes to energy assets’ financing. Our talented team of lawyers, having years of experience in this field, as well as energy acumen, were of great assistance in concluding a complex deal in short notice. How does this project fit the profile of your law firm? We have a specific reputation for dealing with complex financings that involve all Greek systemic banks. This was recently the case with the refinancing of GEK- Terna, the leading local construction and energy group, and Aegean Airlines, the largest Greek airline. In a nutshell, we do difficult work because we are a team of problem solvers. Did you encounter any challenges during your work advising the four systemic banks? If so, how did you overcome them? Advising the heavyweights of the local banking market, having equal stakes on the bond loan, is not an easy task – especially when this task also involves the adaptation of a Greek bond loan to an LMA standard. Nevertheless, the transaction went smoothly and Lawyer Monthly Transaction Reports - Funds & Investments 78 WWW.LAWYER-MONTHLY.COM DEC 2021 Lawyer Monthly had the pleasure to speak with Yannis Kourniotis , Partner at Lambadarios Law Firm to give us some further insight into this transaction: Yannis Kourniotis Partner, Lambadarios Law Firm Acted as Legal Adviser to Alpha Bank, Eurobank, the National Bank of Greece and Piraeus Bank Acted as Legal Adviser to DESFA In a nutshell, we do difficult work because we are a team of problem solvers. “