| Koutalidis Law Firm advised the Joint Lead Managers of the Hellenic Republic’s issuance of €2,500,000,000, 1.875 per cent Notes due 2026, on the terms and conditions set out in the offering circular prepared by the Republic and dated 19th of July, 2019. The Notes were issued in dematerialised and uncertificated form registered within the Bank of Greece System for Monitoring Transactions in Book-entry Securities established pursuant to Law 2198/1994, of the Republic and are listed on the Athens Exchange. According to the PDMA’s announcement, This 7-year benchmark issue, added yet another point to Greece’s yield curve, priced with the lowest yield (1.90%) and lowest coupon (1.875%) that the Hellenic Republic has ever achieved for a Euro-denominated benchmark syndication. Moreover, this transaction represents the first time that the Hellenic Republic came to market with three syndications in one year since 2010, demonstrating the normalization of Greece’s access to international capital markets. |
