
We are very happy to announce the successful completion of the Voluntary Public Offer of Prodea Investments to the company’s Green Bondholders in exchange for newly issued PRODEA shares.
The Voluntary Public Offer was oversubscribed at a rate of 112% and increased the company’s free float to 17%.
AXIA Ventures Group Ltd. and Piraeus Bank S.A. acted as financial advisors to PRODEA.
The transaction marks the first debt to equity swap structured through a voluntary public offer for listed notes in the Greek market.
Karatzas & Partners Law Firm acted as the sole legal advisor to the company and the transaction.
Our team comprised Alexandra Kondyli, Maria Chronaki and Pavlina Anagnostopoulou.
We sincerely thank our client for entrusting us with this unprecedented transaction and their valuable cooperation over the years.