SENFLUGA ENERGY INFRASTRUCTURE HOLDING S.A.
September 14th, 2018
We advise SENFLUGA ENERGY INFRASTRUCTURE HOLDING S.A. on the debt financing of 64.22% of the cost for the acquisition by the Company of 66% of the shares of Hellenic Gas Transmission System Operator S.A., corresponding to a maximum amount of €350.000.000 (the cost for the acquisition of 66% of the shares of Hellenic Transmission System Operator S.A. being equal to €545.000.000) and primary syndication thereof.
This is a landmark financing transaction with very strict timeline and various complicated issues that need to be resolved. It is also interesting to note that this is one of the few hybrid bond issuances involving both Greek and UK law issues.