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Bernitsas Law Advises Piraeus Bank on Another EUR 500 Million Bond Issuance

Bernitsas Law Advises Piraeus Bank on Another EUR 500 Million Bond Issuance

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Bernitsas Law has advised Piraeus Bank on its EUR 500 million issuance of senior preferred 2028 bonds and their listing on the Euro MTF market of the Luxembourg Stock Exchange.

The bonds were offered to institutional investors pursuant to a book-building process, the firm reported. "The transaction was successfully priced on July 6, 2023, and is expected to complete by mid-July."

The firm had also advised on previous Piraeus Bank bond issuances: a EUR 350 million issuance of senior preferred bonds in 2022 (as reported by CEE Legal Matters on November 30, 2022) and the bank's previous EUR 500 million issuance of senior preferred bonds in 2021 (as reported on November 16, 2021).

The Bernitsas Law team included Partner Nikos Papachristopoulos, Counsel Maria Nefeli Bernitsa, and Associate Kelly Hatzigaki.

Bernitas declined to provide additional information on the matter.