Koutalids has advised Alpha Holdings and Services on its EUR 400 million issuance of fixed-rate reset additional tier 1 notes.
Citi Bank was the sole structuring advisor while Barclays, BofA Securities, Citi, JP Morgan, and Nomura were the joint bookrunners.
According to Koutalidis, “the issue of the AT 1 notes received exceptionally strong demand in the international market evidencing the confidence of the international investor community in the Greek economy and the Greek banking sector. Through this innovative transaction, Alpha Services and Holdings optimized its regulatory capital structure and diversified its capital sources, while further strengthening its total capital ratios.”
The Koutalidis team included Partners Nikos Salakas, Ioannis Kaptanis, and George Naskaris.
Koutalidis did not respond to our inquiry on the matter.
