Hoist Finance’s Acquisition of Project Orbit

Zepos & Yannopoulos advised Alpha Bank in the deal, while Bernitsas Law acted as Greek counsel to Hoist Finance AB.

Alpha Bank executed the sale of Project Orbit, a portfolio of retail unsecured non-performing loans of a total outstanding balance of Euro 2.1 billion and of a total gross book value of Euro 1.3 billion. 

The Zepos & Yannopoulos team was led by partner Christina Papanikolopoulou (Picture), senior associate Mary Nigritinou and of counsel Kitty Fragalexi and assisted by associates Magda Tsatsi and Pinelopi Klara.

The Bernitsas Law team was led by Athanasia Tsene.

Involved fees earner: Athanasia Tsene – Bernitsas ; Kitty Fragalexi – Zepos & Yannopoulos; Pinelopi Klara – Zepos & Yannopoulos; Mary Nigritinou – Zepos & Yannopoulos; Christina Papanikolopoulou – Zepos & Yannopoulos; Magda Tsatsi – Zepos & Yannopoulos;

Law Firms: Bernitsas ; Zepos & Yannopoulos;

Clients: Alpha Bank; Hoist Finance;