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Karatzas & Partners advises Eurobank

BANKING AND FINANCE LAW

Karatzas & Partners advises Eurobank

Karatzas & Partners is pleased to have assisted Eurobank in the sale of part of the mezzanine and junior notes of the Cairo securitizations. These securitizations comprise of non-performing loans with an aggregate gross book value of approx. 7.5 billion Euros and are expected to be the first securitizations to take advantage of the recently adopted Hellenic Asset Protection Scheme. The sale of the notes is a significant part of Eurobank’s strategic plan to accelerate the reduction of NPLs. Karatzas & Partners has been assisting Eurobank in all phases of the plan. For more information: https://bit.ly/2MomQ3n