Metlen Energy & Metals has successfully closed the order book for its new €-denominated Senior Unsecured Eurobond, issued under Regulation S (Category 1) with a 5.5-year tenor and final pricing at 3.875%. Following strong investor demand, the issuance was upsized from €500 million to €600 million, with the book reportedly covered three times. The notes are rated BB+, consistent with Metlen’s existing BB+ rating and stable outlook.
Papanikolopoulou & Partners Law acted as Greek legal counsel to the Joint Bookrunners — Alpha Bank, Bank of America Securities, Barclays, Eurobank, Goldman Sachs Bank Europe, IMI–Intesa Sanpaolo, J.P. Morgan, National Bank of Greece, Optima bank, Piraeus and Societe Generale — throughout the process.
The ppl team consisted of Christina Papanikolopoulou, Managing Partner, Athina Palli, Partner, and Thomais Telliou, Junior Associate.