IFLR1000

Alpha Bank €1 billion bond exchange offer

1/12/2015
Bond/note exchange offer
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€ 1.05 billion

$ 1.165 billion

Completed

1/12/2015

Overview:

  • Alpha Bank has undertaken a €1.1 billion bond exchange offer.
  • The bank will exchnage outstanding bonds for cash or shares.
  • JPMorgan and Citi acted as dealer managers.
  • The deal is one of a series of recapitilisations undertaken by Greek banks as they try to rebuild their balance sheets.

Wai Yee Tsang - Journalist

Jurisdiction:

Greece

Deal type:

Bond/note exchange offer

Practice area:

Capital markets : Debt

Governing law:

England and Wales

Industry sector:

Banking

Firms:
Koutalidis Law Firm

Party: Alpha Bank (Issuer)

Lawyers: Effie Papoutsi, Nikos Salakas

Linklaters

Party: JPMorgan Chase (Manager)

Party: Citigroup (Manager)

Sardelas Liarikos Petsa Law Firm

Party: JPMorgan Chase (Manager)

Party: Citigroup (Manager)

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