Alpha Services and Holdings’ €800 Million Shares Offering

In UK Milbank LLP, advised on the matter.

Milbank LLP advised Goldman Sachs Bank Europe, J.P. Morgan Securities LLC with a team including David Dixter (Equity Capital Markets), Apostolos Gkoutzinis (Picture – Equity Capital Markets), Russell Jacobs (Tax Finance), Eschi Rahimi-Laridjani (Tax Finance).

Alpha Services and Holdings S.A., holding company of Alpha Bank S.A. which is one of Greece’s largest financial institutions, has successfully completed its offering, through a non-preemptive issue, of 800,000,000 new ordinary registered voting shares with a nominal value of €0.30 each to institutional investors internationally and to retail and qualified investors in Greece at an offer price of €1.00 per new share, generating proceeds of €800 million.

The Milbank team was led by European Leveraged Finance/Capital Markets partners Apostolos Gkoutzinis (Picture) and David Dixter and associates Anastasia Kontaxi, Chara Makrygianni and Alexia Pimbli. The team also included New York Tax partner Eschi Rahimi-Laridjani, associate Archan Hazra, London Tax partner Russell Jacobs, associate Cosmos Fung, London Corporate partner Mark Stamp, European Leveraged Finance/Capital Markets of counsel Patrick Holmes and London Financial Restructuring associate Jag Diogan.

Involved fees earner: Jag Diogan – Milbank LLP; David Dixter – Milbank LLP; Cosmos Fung – Milbank LLP; Apostolos Gkoutzinis – Milbank LLP; Archan Hazra – Milbank LLP; Patrick Holmes – Milbank LLP; Russell Jacobs – Milbank LLP; Anastasia Kontaxi – Milbank LLP; Chara Makrygianni – Milbank LLP; Eschi Rahimi-Laridjani – Milbank LLP; Mark Stamp – Milbank LLP;

Law Firms: Milbank LLP;

Clients: Goldman Sachs Bank Europe; J.P. Morgan Securities LLC;

Author: Giulia Di Palma