Kyriakides Georgopoulos Advises Hellenic Financial Stability Fund on Piraeus Bank/Intrum Partnership

Kyriakides Georgopoulos Advises Hellenic Financial Stability Fund on Piraeus Bank/Intrum Partnership

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Kyriakides Georgopoulos and Freshfields Bruckhaus Deringer have advised the Hellenic Financial Stability Fund on a long-term strategic partnership between Piraeus Bank and Intrum and the establishment of a credit management servicer in Greece.

According to KG Law, the transaction, which closed on October 23, 2019, follows ''the hive-down of the Business Recovery Unit of Piraeus Bank and its contribution to the new servicer.''

The Kyriakides Georgopoulos team included Partners Konstantinos Vouterakos, Elisabeth Eleftheriades, and Ioanna Antonopoulou, and Associates Maria-Thomais Epeoglou and Zaphirenia Theodoraki.