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Apr 2021

Bernitsas Law advises Piraeus Financial Holdings on its successful capital raising of €1.38bn

Bernitsas Law advised Piraeus Financial Holdings on its successful capital raising of €1.38bn pursuant to an institutional offering through a bookbuilding process outside Greece and a public offering to retail and qualified investors in Greece, as well as on the admission of its newly issued shares to trading on the Athens Exchange.

The combined offering successfully completed on 23 April 2021 and the transaction is expected to settle in early May 2021, while trading of the new shares is expected to commence on or about 7 May 2021.

The Bernitsas Law team consisted of Partner Nikos Papachristopoulos, Senior Associate Sofia Kontou and Junior Associate Kelly Hatzigaki.