Zepos & Yannopoulos advised BrookLane Capital, a private equity fund seeking investment opportunities in markets suffered economic or banking crisis with a particular focus on Greek and Cypriot markets, in connection with acquisition financing (the Acquisition Facility) and long term financing (the Long Term Facility) with Alpha Bank. The financing transaction was part of an LBO deal leading to the acquisition by BrookLane Capital of 100% of the shares of Alpha Investment Properties II S.A. (AIP 2), a real estate portfolio holding company ultimately owned by Alpha Bank group.
The financing arrangements paved the way for the acquisition of AIP 2 shares by BrookLane Capital and, indirectly, of the commercial real estate assets held by the latter, which includes the emblematic shopping mall in Paleo Faliro built by the B. Vovos Group and two office buildings in Chalandri.
Our finance team advised BrookLane Capital in connection with the negotiation and implementation of the financing transactions under each of the Acquisition Facility and the Long Term Facility, which were both designed as short term and long term financing arrangements, respectively through the issuance of Greek corporate bonds and on the basis of a cross-collateralised structure.
The M&A and real estate teams assisted BrookLane Capital through the entire life cycle of the transaction from the due diligence phase to the negotiations and execution of the SPA documentation.
Our finance team was led by senior associate Paris Tzoumas assisted by associate Dionysis Maximos Poukamisas. The M&A team was led by partner Athina Skolarikou assisted by associate Gina Dimitropoulou, while our real estate team was led by partner Sonia Melegou, assisted by senior associates Charikleia Vlastou and Mary Georgiou, and associate Anastasia Veneti-Pagoni.
