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15/07/2018

Vivartia Group Financial Restructuring

Alexiou – Kosmopoulos advised the four Greek systemic banks on the restructuring of the senior debt of Vivartia Group, the leading Greek industrial group focused on food and dairy, completed in July 2018.

The transaction involved the restructuring of senior exposures in excess of EUR 400 million, through a combination of a repositioning of the key operating entities within the group structure, the introduction of new debt at the level of the holding entity, the recapitalisation of certain obligor entities and the implementation of a comprehensive security package.