"Dracopoulos & Vassalikis do more work than some of the bigger firms. They are smaller, but better," comments on partner on D&V, a highly reputable capital markets, banking and finance firm....
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"Dracopoulos & Vassalikis do more work than some of the bigger firms. They are smaller, but better," comments on partner on D&V, a highly reputable capital markets, banking and finance firm. "Dracopoulos are really good, but a lot smaller. They are efficient, willing and nice to work with," says another competitor.
It has been a relatively busy year for D&V, which has been focussing on its core strengths. In one important mandate the firm was instructed as Greek counsel to Attica Bank, which was putting in place an EMTN programme secured by the Greek government under new measures geared to support national credit institutions. This issuance came in two tranches, €215 million in June 2010, and a further €285 million in December.
In the markets, a D&V team also acted for the ailing Piraeus Bank with respect to a €3 billion covered bond programme that was to be rolled out globally. The first issuance of these covered bonds came in February 2011 and was worth €1.25 billion.
The firm was also active in solar power, advising NBGI Private Equity on an investment into an investment in other photovoltaic parks all over Greece. In what is a continuing process, the firm has already laid the groundwork, setting up the SPV and drafting contracts as well as looking into land leases for this project.
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