Zepos & Yannopoulos has advised mandated lead arrangers and coordinators Piraeus Bank and Eurobank on the financing for the 35-year concession agreement regarding the financing, operation, maintenance, and exploitation rights of the Egnatia Odos Motorway and its three vertical road axes.
The concession agreement was signed between the Hellenic State and the Hellenic Republic Asset Development Fund, on one side, and the concessionaire Nea Egnatia Odos Concession Societe Anonyme and its shareholders GEK Terna and Egis Projects, on the other.
According to Zepos & Yannopoulos, "the concession of the Egnatia Motorway, which includes the main motorway (700 kilometers) and three vertical axes (225 kilometers) will reach its completion and financial closing later this year [...] It marks a new chapter in the history of the motorway, with significant benefits for the users, Northern Greece, and the national economy as a whole, as for the first time heavy maintenance will be carried out on the motorway and the three vertical axes connecting Greece with Albania, North Macedonia, and Bulgaria."
The Zepos & Yannopoulos team included Partners Paris Tzoumas, Danai Falconaki, Manolis Zacharakis, and Sofia Chatzigiannidou, Senior Associates Smaragda Spyrou and Nikos Koukos, and Associates Magda Tsatsi, Penelope Klara, Katerina Vogiatzi, Alexandros Lamprou, and Katerina Chalka.
Zepos & Yannopoulos did not respond to our inquiry on the matter.
