Bernitsas Law advised the Joint Global Coordinators, UBS Europe SE, Piraeus Bank SA, and Euroxx Securities SA, the Lead Underwriters and Joint Bookrunners, Alpha Bank SA, Eurobank SA, National Bank of Greece SA, and Optima Bank SA, as well as Attica Bank SA and Pantelakis Securities SA who acted as Underwriters and Joint Bookrunners, in relation to the successful initial public offering and listing on the main market of ATHEX of Qualco Group SA.
The offering, which was structured as a Combined Offering to Greek and international investors, marks a significant milestone for Qualco Group SA and the Greek capital markets. The offering price was set at €5.46 per offer share and the total valid demand expressed by investors corresponded to approximately €563m. The IPO attracted exceptionally strong interest from both domestic and international investors, resulting in the offering being oversubscribed by approximately five times.
Partners Maria Nefeli Bernitsa and Nikos Papachristopoulos led our multimembered team advising on this transaction along with Senior Associate Maria Sofia Sfika and Associates Marinos Shiapanis and Katia Zigoulianou.
The team also included Partners Lambros Belessis, Fotodotis Malamas and Tania Patsalia, Counsels Maria Kloni and Christina Zakopoulou, Senior Associates Sildia Fotopoulou, Lina Mastrogiannopoulou and Ioanna Stamou, and Associates Marialena Mavrikaki and Alexia Zeriti.