Koutalidis, working with Milbank, has advised the underwriters on the EUR 200 million share capital increase of Cenergy Holdings.
Cenergy Holdings is a subsidiary of Viohalco and is listed on Euronext Brussels and the Athens Exchange. It holds a portfolio of companies in sectors such as energy, telecommunications, and construction.
Goldman Sachs International was the sole global coordinator and joint bookrunner. Alpha Bank and HSBC Continental Europe served as joint bookrunners. Eurobank, Euroxx Securities, National Bank of Greece, Optima Bank, Pantelakis Securities, and Piraeus Bank were all co-lead managers.
According to Koutalidis, the offering involved a public offer in Belgium and Greece based on a prospectus approved by the Financial Services and Markets Authority and passported by the Hellenic Capital Market Commission. It also included private placements to institutional investors in various jurisdictions, relying on exemptions from the requirement to publish a prospectus under the Prospectus Regulation and other applicable laws.
The Koutalidis team included Managing Partner Nikos Koritsas, Partner George Naskaris, Senior Associate Georgia Koutsoukou, and Associates Kelly Hatzigaki and Panagiota Thivaiou.
Koutalidis did not respond to our inquiry on the matter.
