Karatzas & Partners advised BofA Securities Europe SA, Goldman Sachs Bank Europe SE and UBS Europe SE in their capacity as Joint Global Coordinators and Joint Bookrunners, as well as Piraeus, AMBROSIA CAPITAL, Beta Securities S.A., CrediaBank, Euroxx Securities SA, National Bank of Greece, Optima bank and Pantelakis Securities S.A. in their capacity as Co-Managers and Greek Placing Agents in connection with Aktor Group’s €650 equity offering.

The equity transaction, comprised of a combined non-pre-emptive offering of 57,777,778 shares through a public offering in Greece, with priority allocation to existing shareholders, and an international institutional offering, and attracted exceptionally strong investor interest, with valid demand exceeding 190 million shares at the offering price of €11.25 per share, covering approximately 3.4 times the targeted amount of proceeds to be raised initially set by the Company.

Our firm also acted as Greek law counsel to BofA Securities Europe SA, Goldman Sachs Bank Europe SE and UBS Europe SE, as well as other international and Greek banks acting as primary purchasers in connection with the issuance and private placement of Aktor’s €300 7.875% senior unsecured notes due 2031, expected to settle on 03/08 subject to customary conditions precedent.

The combined proceeds from the equity and debt offerings will fund AKTOR Group’s capital expenditure plans and new investments to implement the Company’s strategic business plan.

Our team for the equity offering comprised of Catherine Karatzas, Alexandra Kondyli, Maria Chronaki, Pavlina Anagnostopoulou, Vassiliki Nikolaou and Daphne Farmaki, with the support of Argiro Vagia, Michalis Chatzakis, Valia Apostolopoulou, Ioulia Baslari, Sophia Mavridou and Eleonora Ligoutsikou. Our team for the debt offering comprised of Alexandra Kondyli and Dimitris Passas.

Congratulations to AKTOR Group on this significant milestone and our sincere thanks to our clients for their trust and excellent collaboration.