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Our firm has advised Waterwheel Capital Management, LP in relation to Sunrise III, the latest HAPS securitization transaction originated by Piraeus Bank S.A.

BANKING AND FINANCE LAW

Our firm has advised Waterwheel Capital Management, LP in relation to Sunrise III, the latest HAPS securitization transaction originated by Piraeus Bank S.A.

We are proud to have advised Waterwheel Capital Management, LP in relation to Sunrise III, the latest HAPS securitization transaction originated by Piraeus Bank, involving an NPE portfolio of €0.5 billion GBV.

 

Our client has agreed to purchase 51% of the mezzanine and junior notes, subject to customary conditions precedent.

 

Our team was led by our Partner, Christina Faitakis and our Senior Associate, Sonia Saranti.