We are proud that we have advised Alpha Holdings and Services SA on its successful inaugural issuance of €400million Fixed Rate Reset Additional Tier 1 Notes (the “AT 1 Notes”). The issue of the AT 1 Notes received exceptionally strong demand in the international market evidencing the confidence of the international investor community in the Greek Economy and the Greek Banking Sector.
Through this innovative transaction Alpha Services and Holdings SA optimized its regulatory capital structure and diversified its capital sources, while further strengthening its Total Capital Ratios.
Citi was mandated as Sole Structuring Advisor, and Barclays, BofA Securities, Citi, J.P. Morgan and Nomura as Joint Bookrunners for the issuance of the AT 1 Notes.
Our Capital Markets Team led by Nikos Salakas and managed by Ioannis Kaptanis, and our Tax Team led by George Naskaris advised Alpha Services and Holdings SA on the transaction.
