Karatzas & Partners is pleased to have assisted Alpha Bank as Greek law counsel with the signing of a binding agreement with Poseidon Financial Investor DAC (an entity managed by Fortress Investment Group) for the disposal of the Neptune Portfolio, a secured Greek SMEs ,NPL pool with a GBV of €1.1 billion as of 30.6.2019. Such binding agreement is a milestone for both the Strategic Plan announced by Alpha Bank in November 2019 and the Greek NPL market in general, amidst unprecedented and challenging times.

For more information: https://lnkd.in/e7Cpz-T