Koutalidis, working with White & Case’, has advised the DFC on a USD 125 million financing loan to Onex Elefsis Shipyards and Industries. Reportedly, Antis Triantafyllides & Sons advised the DFC on Cypriot legal matters.
The DFC is the U.S. International Development Finance Corporation.
Onex Elefsis Shipyards is a subsidiary of Onex Shipyards, a high-tech shipbuilding, repairing & upgrading company in Syros' Greek island port.
According to Koutalidis, the loan is intended to help Onex “rehabilitate and modernize the Elefsina shipyard.”