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Koutalidis Advises a Syndicate of banks on Athens International Airport Debt Restructuring

Koutalidis Advises a Syndicate of banks on Athens International Airport Debt Restructuring

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Koutalidis has advised a syndicate of Greek banks on the refinancing of the existing indebtedness of Athens International Airport. 

Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank were the arrangers and subscribers of the bond loan. Piraeus Bank was also the bondholder agent and the National Bank of Greece was a facility agent. The financial closing of the project occurred on August 25, 2022.

According to Koutalidis, “the refinancing was implemented through the issuance of a secured bond loan of an amount of up to EUR 1,007,843,966 and the borrowing of an additional amount of EUR 28.7 million under an existing bond loan provided to AIA to cover five construction projects.”

Koutalidis’ team included Partners Nikos Salakas and Ioannis Kaptanis.

Koutalidis did not respond to our inquiry on the matter.