DVLaw advised H.I.G. in the acquisition of Greek banks’ stake in a €316 million secured bond loan

AnnouncementsDVLaw advised H.I.G. in the acquisition of Greek banks’ stake in a €316 million secured bond loan

DVLaw advised H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with over $42 billion of equity capital under management, following the acquisition by the latter in 2019 of Eurobank’s participation in the €316 million syndicated secured bond loan issued by Hellenic Halyvourgia S.A., a leading Greek steel company, in its participation in the bidding process and the acquisition from National Bank of Greece and Piraeus Bank of their approx. €90 million stake in said bond loan. The firm also advises H.I.G. in the company’s debt to asset restructuring process under the newly enacted Greek bankruptcy law that has been filed with the court for approval. YLP has acted as co-counsel. DVlaw team was led by our partner Yiannis Palassakis.

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