Dryllerakis & Associates advised the syndication of banks including Eurobank, Alpha Bank, and National Bank of Greece throughout the negotiations of the terms for the refinancing of a secured bond loan amounting up to EUR 150,000,000, to be issued by OTSM Societe Anonyme of Maintenance of Compulsory Stocks and Trading of Crude Oil and Petroleum Products for the financing of the purchase from Hellenic Petroleum of compulsory stock crude oil and petroleum products. The negotiations of the terms of the Bond Loan and the finalization of the relevant documentation were long and demanded constant coordination between the different parties.
The firm advised SMERemediumCap Fund in the context of an additional investment by the fund in Arosis, through an innovative mix of issuance of warrants and share capital increase, to be executed in different phases. The firm had previously advised in the fund's acquisition of a minority stake in Arosis. Deal closed in December 2024.
A team also advised Hellenic Casino Parnitha on the relocation of Casino Mont Parnes from its current mountaintop location to an urban site. The project involved strict conditions set by law, including zoning and land use restrictions, reclamation of the old location, minimum investment and financing, ownership, and compliance with gaming and casino legislation.
Testimonials
“What we like about them is their timely feedback and business-minded approach on the all issues raised.” - Project Development
“We most value their accuracy in respect of the legal advice they provide and the team’s deep knowledge of corporate law proceedings” - M&A
“Themelis Zamparas has excellent communication skills and is always able to revert in good time and assist with negotiations.” - Project Development
“Themelis Zamparas is a great listener and always initiates practical solutions.” - M&A
“Themelis Zamparas has deep knowledge of the industry, thinks out of the box, and is a true problem solver.” - M&A
“Leonidas Kastrinakis is very responsive.” - M&A
Key Clients
Loulis Mills, Thessaloniki Port Authority, Zeus International, Sfakianakis, Minoan Lines, Lampsa Hellenic Hotels, MED, Baker & McKenzie, Lambda Development, Dimera/Belterra Group, Eurolife Insurance, HELLENiQ ENERGY Holdings, Reden Solar, Hellenic Casino Parnitha, Hellenic Public Properties Company (ETAD)
