PRESS OFFICE

Papapolitis & Papapolitis has advised Piraeus Bank in relation to a financing agreement towards Oaktree Capital for the acquisition of IASO S.A., a Greek listed hospital group and one of the largest private Healthcare groups in Greece.

Papapolitis & Papapolitis advised on the €175Million Attica Holdings bond issuance on the first ever public offered and listed bond issue in Greece secured with with real security (ferry vessels). P&P acted for the lead underwriters (Eurobank S.A. and Piraeus Bank S.A.) in relation to all aspects of the issuer's legal due diligence, prospectus drafting, bond programme and the bond's offering and listing with the Athens Stock Exchange.

Papapolitis & Papapolitis acted for Invel Real Estate II BV, in relation to the Mandatory Tender Offer launched post Invel's acquisition of the 32.7% stake of National Bank of Greece in NBG Pangaea REIC.

Papapolitis & Papapolitis acted for London & Regional Properties in relation to the acquisition of the Titania Hotel, in one of the largest hospitality transactions of 2019.

Papapolitis & Papapolitis advised Invel Real Estate (Invel), on the completion of Invel's acquisition of a 32.7% stake in NBG Pangaea REIC (“Pangaea”) for a consideration of €390 million, from the National Bank of Greece (“NBG”), in one of the largest M&A and real-estate transactions to take place in Greece.  The P&P team also advised Invel on the debt financing it received from Piraeus Bank, the European Bank for Reconstruction and Development (EBRD), Astro Bank and Hellenic Bank.

Papapolitis & Papapolitis acted for leading hotel chain Soho House in relation to their acquisition of Scorpios Beach Club and San Giorgio Hotel on the island of Mykonos.

Papapolitis & Papapolitis acted as lender's counsel for an international leading bank in relation to a multi-million shipping finance transaction towards a Nasdaq listed shipping company.

Papapolitis & Papapolitis acted for Piraeus Bank in relation to the sale of a corporate non-performing loan portfolio in the gaming and hospitality industry.