Jul 2022
Bernitsas Law acted as Greek law counsel to Hoist Finance AB (pub) as purchaser, in connection with a binding agreement entered into on 21 July 2022 with Alpha Bank SA as seller of a portfolio of unsecured non-performing loans with a total outstanding balance of approximately €400m.
Alpha Bank is one of Greece’s largest systemic banks. Hoist Finance is a leading Swedish financial institution with strong presence in Europe.
The Bernitsas Law team was led by Athanasia Tsene.
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