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Bernitsas Advises Vivartia Holdings SMSA on EUR 25 Million Bond Loan

Bernitsas Advises Vivartia Holdings SMSA on EUR 25 Million Bond Loan

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Bernitsas has advised Vivartia Holdings SMSA on the issue of a EUR 25 million bond loan.

Piraeus Bank SA acted as the bondholder agent, coordinator, and facility agent.

Vivartia is a food production conglomerate brand in Greece operating in the dairy and drinks, restaurants, and frozen foods sectors.

According to Bernitsas, "the loan enables Vivartia to finance, among others, the acquisition of minority shares in the Cypriot entity SI Foods Holdings Ltd, resulting in Vivartia Holdings SMSA becoming the sole shareholder of SI Foods Holdings Ltd and, ultimately, Dodoni SA - Agricultural Dairy Industry of Epirus."

The Bernitsas team included Partner Athanasia Tsene and Associate Maria Cheimona.

Bernitsas could not disclose further information on the matter.