The Kyriakides Georgopoulos Law Firm has acted as Greek law counsel to the EBRD in relation to the EUR 150,000,000 loan agreement entered into by (among others) the EBRD as lender, Cosmote Mobile Telecommunications S.A. as borrower, and Hellenic Communications Organization S.A. as guarantor.
Kyriakides Georgopoulos worked with CMS Partner Simon Dayes, who acted as English law counsel.
According to KG, "the proceeds of the loan will be used for the financing of capex needs of the borrower and will facilitate the development of energy efficiency projects. This is one of the major financing agreements concluded by institutional lenders in the 3rd quarter of this year."
The KG team was led by Banking & Finance Head Partner Konstantinos Vouterakos, assisted by Counsel Yannis Erifillidis and Associates Dimitris Dimitriadis and Fotoula Kostourou.