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K&P advised the Joint Coordinators and Bookrunners in connection with the offering of a €500 mln common bond loan by Lamda Development S.A.

BANKING AND FINANCE LAW
CAPITAL MARKETS LAW

K&P advised the Joint Coordinators and Bookrunners in connection with the offering of a €500 mln common bond loan by Lamda Development S.A.

We are proud to announce that our firm acted as legal counsel to the Joint Coordinators and Bookrunners in connection with the offering of a €500 mln common bond loan by LAMDA Development S.A. (the Company). The coupon was set at €3.80% at the lowest end of the range, while the book closed at c. €777 mln marking an oversubscription by 1,54 times.

 

The issuance attracted an unprecedented retail interest, leading to an 88% allocation, while 12% of the bonds were allocated to institutional investors.

 

Our core team comprised of:
– with respect to Capital Markets and Corporate Law matters: Alexandra Kondyli, Maria Chronaki, Nikolaos Zachos, Pavlina Anagnostopoulou and Pinelopi Anyfanti;
– with respect to Finance Law matters: Christina Faitakis, Evi Dimou and Stergios Zygouras;
– with respect to Real Estate matters: Argyro Vagia.

 

We truly thank our clients and the Company for their trust and valuable cooperation.