Recognition & Accolades
AKL consistently receives recommendations by leading publications, including Chambers and Partners, IFLR1000and Legal 500 as a leading firm and a number of our partners are recognized among the top of their peers in Greece.
Chambers Europe (2016)
“What the team is known for: Stellar reputation for its advice on all areas of real estate law. The firm is particularly well known for its work in real estate M&A, complex lease arrangements and financing. Represents prominent players in the real estate market.”
BANKING & FINANCE
“What the team is known for: Widely recognised domestic practice that covers transactional work and is adept at handling both litigation and regulatory matters. Advises clients from various sectors including real estate and traditional banking”.
Chambers Europe (2015)
“The team is efficient and can respond to a challenging timetable”. “The lawyers are extremely responsive, very commercial and give confident advice”.
Alexiou & Kosmopoulos’s year was marked by mandates and transactions in three distinct areas, namely, privatisations, sales by banks of non-core assets, and equity investment rounds in growth companies and the general restructuring of the Greek finance industry. One of the office’s strengths is dealing with project finance matters.
On the banking side, the firm advised Piraeus Bank, in its capacity as lead arranger and Alpha Bank, Eurobank and NBG as co-arrangers, in relation to the refinancing of Aluminium as part of a €288 million secured syndicated bond loan facility. Another matter saw Kosmopoulos act for Eurobank Ergasias in relation to a €125 million acquisition financing facility to Bigstar and a €157 million refinancing facility for Sani.
In the M&A space, the firm has been advising National Bank of Greece as part of the disposition transaction relating to €400 million acquisition of 90% of the shares in Astir Palace Vouliagmenis; acting for the Hellenic Republic Asset Development Fund as part of the privatisation transaction in respect to Piraeus Port Authority and the privatisation transaction in respect to Thessaloniki Port Authority.
Alexiou & Kosmopoulos has been active for bank clients last year acting on a variety of banking and M&A work related to the general restructuring of the Greek finance industry.
In the banking space highlights for the team last year include work done by Alexandros Kosmopoulos for Eurobank Ergasias on a loan made to Madison Point. In another matter for Eurobank Ergasias Kosmopoulos advised the bank on the bond loan financing made available to INO to finance the acquisition of Makro. In another lender side mandate Kosmopoulos again led as the team acted for the banks on an amendment of a loan granted to Titan Global Finance.
On the borrower side Kosmopoulos again led as the team acted for OPAP in relation to the bon loan financing taken out from Geniki Bank and Piraeus Bank.
In the M&A space highlights during the research period include work by Helen Alexiou for Lamda Development in relation to the purchase of shares in Hellinikon as the real estate development was privatised. In another privatisation matter Kosmopoulos again led as the team advised the Hellenic Republic Asset Development Fund in relation to the sale of ports OLP and OLTH.
Elsewhere Constantine Alexiou advised National Bank of Greece on the sale of shares in subsidiary Astir Palace Vouliagmenis. Another matter saw Kosmopoulos act for Upstream Systems on the sale of shares to Actis. Elsewhere Kosmopoulos advised Alpha Bank and Eurobank Ergasias on the sale of shares in Cardlink.
Legal 500 (2016)
BANKING, FINANCE AND CAPITAL MARKETS
Alexiou & Kosmopoulos Law Firm’s ‘highly regarded’ team advised Eurobank Ergasias on matters including a €160m intra-day cash loan facility to recapitalise a Greek regulated finance leasing entity, and a €76.5m bond loan facility to INO to finance the acquisition of Makro Cash & Carry. Alexandros Kosmopoulos is recommended.
COMMERCIAL, CORPORATE AND M&A
Alexiou & Kosmopoulos Law Firm’s ‘top-quality’ team advised Lamda Development on its involvement in the Hellinikon project. Constantine Alexiou, Helen Alexiou and Alexandros Kosmopoulos are the key contacts.
PROJECTS AND PRIVATISATION
Highlights for the ‘highly regarded’ team at Alexiou & Kosmopoulos Law Firm included advising the Hellenic Republic Asset Development Fund on the privatization of the ports of Piraeus and Thessaloniki. Alexandros Kosmopoulos, Helen Alexiou, Constantine Alexiou and recently promoted partner Sotiris Foteas are recommended.
REAL ESTATE AND CONSTRUCTION
Alexiou & Kosmopoulos Law Firm’s ‘strong’ team advised Eurobank Ergasias on the financing for the acquisition of a luxury hotel complex by Oaktree Capital, and acted for Lamda Development on its involvement in the Hellinikon project for the redevelopment at the site of the former Athens international airport. Key individuals include Helen Alexiou, Constantine Alexiou, Alexandros Kosmopoulos and Sotiris Foteas.