Demetris Roti

Practice Areas

• Banking and Finance

• Corporate and Commercial

Career

Demetris Roti has extensive experience in corporate and commercial law, capital markets, mergers and acquisitions and banking and finance. He has acted in numerous substantial transactions whilst working in a top 25 City of London firm and for this firm on behalf of international law firms and institutional financiers, credit agencies and international commercial and development banks including China Development Bank, Citi, Deutsche Bank, EBRD and HSBC. Legal 500 notes Demetris Roti in banking and finance and corporate.

He was admitted to the Cyprus Bar in 2010, promoted to Senior Associate in 2014, and became an Advocate Partner in 2017.

Publications

- Cyprus Challenges replacing Libor

- Initial Public Offerings 2020 Cyprus

- International Banking Law and Regulation, Cyprus

Experience

- Advised a consortium including Trafigura in relation to the USD 12.9 billion purchase of India’s Essar Oil Ltd which was India’s largest ever foreign direct investment transaction

- Assisted BW Offshore (listed on the Oslo Stock Exchange) refinance the USD 2.4 billion syndicated facility into a five-year senior secured USD 672.5 million revolving credit facility

- Advised Allwyn Entertainment Financing (UK) plc in connection with its high yield issuance of EUR 1.3 billion

- Advised the lenders regarding the senior revolving credit facility to an international energy trader for an oil storage depot in Cyprus, which at € 300 million was the biggest foreign investment at the time in Cyprus

- Acted as lead counsel co-ordinating all aspects of the successful €800 million hostile mandatory public takeover offer by Joma Industrial Source Corp (Joma) of CAT Oil AG, an Austria-based holding company which is listed on the Frankfurt Stock Exchange

- Advised a consortium including Asian Development Bank, European Bank for Reconstruction and Development, China Limited and ING Bank N.V., in relation to a $1 billion project financing Lukoil Overseas Shah Deniz Ltd in relation to stage 2 of the of the Shah Deniz gas development project in Azerbaijan

- Advised the Cypriot entity Premier Energy PLC (a leading renewable energy company) on a landmark €482 million IPO, part of which was acquired European Bank for Reconstruction and Development

- Advised the General Electric conglomerate regarding the USD150 million green loan financing package provided to LongWing Energy S.C.A. regarding the first phase of the Zaporizhia Wind Farm.

Languages Spoken

English, Greek

Expert in these Jurisdictions

Cyprus

Education