22 December 2023
Our firm advised Astir Palace Vouliagmenis on the issue of a €350m bond loan for the refinancing of its existing bank debt. Alpha Bank acted as arranger, bondholder agent, facility agent and bondholder.
Astir Palace Vouliagmenis is a hospitality market leader with a long and remarkable history during which it became a world renowned luxury destination resting on a peninsula along the Athens Riviera and currently operates one of the most iconic Four Seasons Hotels and Resorts in the world and Matsuhisa and BeefBar, two of the top restaurants in Attica.
Our core team comprised Senior Counsel Dr. Dionysis P. Flambouras, Associate Georgios Zervakis and Trainee Lawyer Magdalini Komi, while our Partner Nikos Fragos provided expert advice on the transaction structure and our Partner Nikos Askotiris on insurance matters.