Koutalidis has advised Alpha Bank Group on the reorganization of Alpha Leasing’s business via a common demerger.
The demerger remains contingent on regulatory approval.
According to Koutalidis, the reorganization includes "the creation of a new leasing entity within the Alpha Bank Group and the signing of a binding agreement for the transfer of non-performing financial leases along with the related real estate interests with a GBV of approximately EUR 0.24 billion to Hellas Capital Leasing, a Greek leasing company, wholly owned by funds managed or advised by Bain Capital and the sale of shares from Alpha Leasing’s sole shareholder to HCL’s shareholder."
Earlier in 2024, Koutalidis advised Alpha Services and Holdings on a EUR 500 million issuance (as reported by CEE Legal Matters on June 27, 2024). In 2023, Koutalidis advised Alpha Bank on its partnership with UniCredit in Greece and Romania (as reported by CEE Legal Matters on November 16, 2023) and has also advised Alpha Holdings and Services on its EUR 400 million note issuance (as reported by CEE Legal Matters on February 15, 2023).
The Koutalidis team included Partners Katia Protopapa, George Naskaris, Chrysanthi Karlou, and Ioannis Kaptanis.
