Koutalidis has advised Alpha Services and Holdings on its issuance of EUR 300 million fixed rate reset Additional tier 1 perpetual notes with a yield of 7.5%.
According to Koutalidis, "the issuance of the Notes, which are listed on the Luxembourg Stock Exchange – EuroMTF Market, received exceptional demand from 250 investors approaching EUR 2.9 billion and was oversubscribed 9.5 times the initial target."
Earlier in 2024, Koutalidis advised Alpha Services and Holdings on a EUR 500 million issuance (as reported by CEE Legal Matters on June 27, 2024). In 2023, Koutalidis advised Alpha Bank on its partnership with UniCredit in Greece and Romania (as reported by CEE Legal Matters on November 16, 2023) and has also advised Alpha Holdings and Services on its EUR 400 million note issuance (as reported by CEE Legal Matters on February 15, 2023).
The Koutalidis Team included Partners Ioannis Kaptanis and George Naskaris.
Koutalidis did not respond to our inquiry on the matter.
