The Koutalidis law firm has advised GMR Airports on its up to EUR 60.5 million common secured bond loan issuance, subscribed for by the National Bank of Greece. Potamitis Vekris reportedly advised the National Bank of Greece.
"The financing is provided in the context of the concession agreement for the New Kastelli (Heraklion) International Airport which achieved financial closing," Koutalidis informed. "The New Kastelli International Airport shall be the second largest airport in Greece after the Athens International Airport, it will create 7,000 jobs and marks the first major Indian investment in Greece."
GMR Airports is an Indian multinational airport developer and operator.
The Koutalidis team was led by Partner Ioannis Kaptanis and included Senior Associate Dimitris Kalyvas and Associates Fani Chlampoutaki, Ioanna Sereti, and Ilias Betzios.
