KG advised Optima bank S.A. for the acquisition of receivables of performing corporate exposures in the secondary market

 KG advised Optima bank S.A. in a pioneer transaction for the acquisition of five portfolios of performing loans in the secondary market.

It is an innovative deal signifying the return of restructured loans in the banking system after their securitization in 2020.

KG team led by Senior Partner Konstantinos Vouterakos, Counsel VASILEIOS DOUZENIS and Senior Associate Eleana Nounou supported Optima bank throughout the negotiations of the transaction documents, conducted legal due diligence review and provided advice on the various aspects of the transaction up to the fulfilment of the formalities for the legal transfer of the portfolios. Our dedicated team included amongst others, Associates Athanasios Misirlis and Marianna Katsifi as well as Junior Associates Sofrini Sideri and Maria Avgidou.

It has been a demanding exercise and Kyriakides Georgopoulos Law Firm is very proud to support Optima bank S.A. in efficiently concluding this complex and pioneer transaction.

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