Karatzas & Partners acted as issuer’s Greek legal counsel to Metlen Energy & Metals S.A. in connection with its green bond offering of €750 million of 4% senior notes due 2029, an increase from the originally proposed €500 million.
Metlen intends to use the proceeds from the offering primarily to redeem in full Mytilineos Financial Partners S.A.’s €500 million senior notes due 2024 (2024 Notes). An amount equivalent to the net proceeds from the notes will be used to finance or refinance, in whole or in part, Eligible Green Projects in accordance with the Metlen’s Green Finance Framework.
Our core team consisted of partner Alexandra Kondyli, senior counsel Eleana Rouga, and associate Iliana Ioannou.