Capital Markets & Financial Services
DVLaw possesses extensive experience in the field of capital markets and financial services, advising local and international clients on a variety of matters relating to both debt and equity capital markets, including fixed/floating rate note issues, subordinated loan note issues, convertible/exchangeable bonds, hybrid capital issues, IPOs, secondary offerings and rights issues.
Furthermore, DVLaw is particularly active in the field of mutual funds and other collective investment schemes, providing specialist advice to fund managers and management companies on all issues relating to the establishment, licensing, marketing and regulatory compliance of such products in Greece.
The firm also regularly advises market participants in all aspects of capital markets legislation, including prospectus, transparency and market abuse regulatory framework, ensuring both compliance and adjustability in a demanding and complex regulatory environment, and is regularly appointed by most of the major Greek banks to act as independent legal counsel for the performance of legal due diligence in connection with the listing of shares and bonds on the Athens Exchange and/or privately placed with investors.
The firm is currently the legal counsel of Alpha Trust S.A., Cyclos Securities, Andromeda Unit Trust and ATTICA Mutual Funds Management S.A. for all their business needs.
- Acted as independent legal counsel conducting the legal due diligence, drafting the relevant sections of the information memorandum and assisting in the listing process on the Athens Exchange of CNL Capital, a Greek private equity firm, in July 2018.
- Acted as Greek legal counsel to the advisor BETA SECURITIES in respect to a 7-year 6,5 mio euros bond loan issued by Delta Techniki S.A. that was admitted for listing on the Alternative Market of the Athens Stock Exchange in February 2018. The bond loan was issued to finance, inter alia, the issuer’s renewable projects of a capacity of more than 90 MW. Our firm conducted full legal due diligence of the issuer and its group (consisting of 16 subsidiaries), including, inter alia, the documentation for the financing of a wind farm of a capacity of 12MW and assisted in the drafting of the information document for the listing.
- Acted as independent legal counsel reviewing the relevant due diligence and drafting the full bond loan documentation, including security package, for the issuance by a hotel group of a bond loan of up to €4,8 mio in September 2017 for the refinancing of its existing debt that was privately placed with institutional investors.
- Acted as independent legal counsel conducting the legal due diligence, drafting the relevant sections of the Prospectus and assisting in the listing process, for the issuance by the listed telecommunications company Forthnet S.A. of a convertible bond loan of a total amount of up to € 99,087,466.50 with cash payment and pre-emption rights for the existing shareholders, covered through public offer and private placement in October 2016.