Zepos & Yannopoulos acted for Barclays, Goldman Sachs, UBS, JP Morgan, NatWest Markets and Commerzbank as Joint Lead Managers for the issuance by Eurobank of a 3-year €500 million conditional pass through covered bond at 2.90% yield. The transaction marks Eurobank’s return to the international capital markets, its first since 2014 and received strong interest from international and domestic investors with the order book being more than 2 times oversubscribed and international institutional investors accounting for 85% of the total participation.
Allen & Overy acted as international counsel to the Joint Lead Managers.
The ZEYA team was led by Kely Pesketzi assisted by Athina Palli and Eleni Katsigianni. Daphne Cozonis and Katerina Vagia worked on the tax side.