Pioneering transaction in the Greek Banking System

Cepal has successfully completed the first sale in the secondary market of a €30 million corporate and SME re-performing loan portfolio, purchased by Optima Bank (Project Rebound).

The Rebound transaction makes Cepal a pioneer in loan and credit claims servicing management and finding mutually beneficial solutions for clients, and debtors. It further paves the way for corporate and SME debtors in Greece to regain access to bank lending.

We would like to thank AXIA Ventures Group for acting as our Financial Advisor, ORRICK, HERRINGTON & SUTCLIFFE (EUROPE) LLP, and Karatzas & Partners for acting as our Legal Advisors, and of course our experienced teams who worked to make this transaction happen.

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