Bernitsas Law acted as Greek law counsel to Attica Bank SA in connection with (i) the establishment of a €1bn Medium Term Note Programme (EMTN Programme) and (ii) the issuance and offering to international and domestic institutional investors through a bookbuilding process of €100m Non-Cumulative Temporary Write-Down Deeply Subordinated Fixed Rate Resettable Notes (AT1 Notes), and €150m Tier 2 Fixed Rate Resettable Callable Subordinated Notes due 2035. The EMTN Programme was approved by the Luxembourg Stock Exchange and the AT1 and Tier 2 Notes were listed on the Euro MTF market of the Luxembourg Stock Exchange.
The transaction was undertaken by the Firm’s Capital Markets department with Counsel Alexia Kefalogianni leading the team advising on the transaction, assisted by Associate Adonis Sfyris.