DVLaw advised the Joint Arrangers Deutsche Bank and Alantra in the “Galaxy” Securitisation, at that time the second largest rated NPE securitisation transaction in Europe, whereby Alpha Bank sold to Davidson Kempner Capital Management LP 80% of its loan servicing subsidiary Cepal Holdings Single Member S.A. and 51% of the mezzanine and junior securitization notes of its €10.8 billion NPE portfolio. YLP has acted as co-counsel. DVlaw team was led by our partner Yiannis Palassakis.