Bernitsas has advised Eurobank on the EUR 500 million issuance and offering of its fixed-rate callable senior preferred instrument due November 2029 to international and domestic institutional investors, as well as their listing on the Euro MTF Market of the Luxembourg Stock Exchange.
Shearman & Sterling has advised the Hellenic Financial Stability Fund on its EUR 1.1 billion fully marketed offering of a 22% stake in the National Bank of Greece. Koutalidis, working with Milbank, advised the offering's coordinators, managers, and underwriters. Freshfields Bruckhaus Deringer advised the National Bank of Greece.
Koutalidis has advised Florida-based alternative investment firm Waterwheel Capital Management on the bidding process and the binding agreement with Alpha Bank, Eurobank, the National Bank of Greece, and Piraeus Bank to purchase 95% of the Class B and Class C notes issued in the securitization of the Solar portfolio.