Practice Areas - Restructuring and Insolvency Law Firms and Lawyers
| Deal Date: | 21-06-2017 | Practice Area: | Restructuring and Insolvency |
| Deal Title: | Bank of Cyprus - Restructuring of Louis Group Debts | Industry: | Travel & Leisure |
| Description: |
Ashurst advised Bank of Cyprus on the restructuring of EUR300m of debts owed by the Louis Group which owned and operated hotels in Cyprus and Greece. The deal was the culmination of more than two years of negotiation between six Cypriot banks, fifty-two companies in the Group (including one company that is listed on the Nicosia Stock Exchange) and other stakeholders.
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| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Creditors | Law Firm | Ashurst |
| Cyprus | Cyprus | ||
| Classification: |
Debt Restructuring |
Lawyer | Dan Hamilton |
