We are proud to have advised our client, Athens International Airport S.A. (“AIA”), in connection with its financing amounting to circa €1.1billion through the issuance of two Greek law governed senior secured bond loan facilities. The proceeds of the bond loans, which were subscribed by a syndicate of all four Greek systemic banks, namely National Bank of Greece S.A., Piraeus Bank S.A., Alpha Bank S.A. and Eurobank S.A., are used to refinance existing indebtedness of AIA made available by the same syndicate and for Capex funding purposes.

The transaction, which is the biggest project and corporate financing in Greece to-date for 2022 was structured and implemented against a very aggressive timeline.

Our team was led by our partners Alexander Metallinos and Anna Manda, assisted by our Senior Associate, Sonia Saranti, Associates Iliana Ioannou and Nikos Stefas and Trainees, George Zervakis and Tina Sofianou.