Back to top
17 May, 2023

AKL won the CEE Legal Matters 2022 "Deal of the Year" for Greece

We are thrilled to announce that AKL was named a recipient of the prestigious CEE Legal Matters 2022 "Deals of the Year" award, in recognition for its involvement in “MORE (Motor Oil Renewable Energy)’s acquisition of Anemos RES and Financing”, voted by experts as the winning deal for Greece. This is a huge honour for us and we are proud of our firm’s contribution to the financing aspects of the overall transaction. AKL was represented at the award ceremony held recently in Istanbul by Partner George Zohios.

In the context of the transaction, AKL advised Eurobank as arranger, agent and lender in respect of: (i) a bridge facility to Ellaktor (EUR 500 million), to partly refinance its existing high-yield notes; (ii) a EUR 275 million long-term financing to Aktor Concessions, a wholly-owned subsidiary of Ellaktor; and (iii) up to EUR 570 million facilities for the financing of the acquisition of Anemos RES, the refinancing of existing debt and the support of operating needs.

We wish to extend our warm congratulations and sincere thanks to our client and to all principals and advisory teams involved on all sides in what has been truly a collective effort in getting through a remarkable suite of interlinked high-profile M&A and financing transactions, each of which is noteworthy in its own right.

AKL’s transaction team was led by Alexandros Kosmopoulos, who was assisted by Georgios Rafail Athanassiou and Symeon Konstantinou, completing relevant transaction steps within a very demanding schedule.

We look forward to continuing to provide outstanding legalservices to our clients and to delivering value-adding and efficient outcomes in everything we do. Thank you again to everyone who played a role in this incredible achievement!

 

 

 

 

 

Offices

Tel:
+30 210 33 92 600