Alpha Bank $250 million shipping securitisation

1/11/2017

Asset finance, Securitisation

Value:

$ 250 million

Status:

Completed

Date:

1/11/2017

Overview:

Alpha Bank has undertaken a $250 million shipping securitisation.
Citi has acted as arranger and financier.
The deal is a non-recourse four-year term dollar funding.
The deal is a rare shipping securitisation and follows on from a similar transaction the bank undertook in 2014.

Katrin Kostadinova - Data analyst

Jurisdiction:

Greece

Deal types:

Asset finance
Securitisation

Practice areas:

Capital markets : Structured finance and securitisation
Asset finance

Governing law:

Greece

Industry sectors:

Banking
Shipping

Firms:

Norton Rose Fulbright

Party: Alpha Bank (Originator)

Lawyer: David Shearer

Watson Farley & Williams

Party: Alpha Bank (Originator)

Lawyers: George Paleokrassas, Marisetta Marcopoulou

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