Koutalidis Law Firm advised the National Bank of Greece on the issuance of a €71 million bond by Gyalou S.A., a subsidiary of Reds and member of the ELLAKTOR GROUP.
The loan was used for the refinancing of the issuer’s debt related to the operation of the Smart Park, the largest outdoor shopping mall in Greece, and the purchase by Reds of the former US base in Gournes, Heraklion Crete, via an e-auction conducted by the Hellenic Republic Asset Development Fund.
Lawyer Monthly interviewed Effie Papoutsi about this transaction: https://lnkd.in/dBpvhUb4