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Bernitsas Advises Piraeus Bank on EUR 200 Million Private Securitization of Car Lease Receivables by Avis Budget Greece

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Bernitsas has advised Piraeus Bank as the senior loan noteholder and senior facility agent on a EUR 200 million private securitization of car lease receivables originated by Olympic Commercial and Tourist Enterprises Single Member.

Olympic Commercial and Tourist Enterprises Single Member is the national master franchisee of Avis Budget Group in Greece.

The Bernitsas team included Partner Athanasia Tsene, Senior Associate Sildia Fotopoulou, Associate Odysseas Fokas, and Trainee Attorney Aiantas Serfas.

Bernitsas did not respond to our inquiry on the matter.