Elias Neocleous & Co LLC in collaboration with Latham & Watkins represented J.P. Morgan, ING Bank, BNP Paribas, Credit Suisse, Deutsche Bank AG, Goldman Sachs International, Morgan Stanley, Natixis and Poalim IBI (the “Initial Purchasers”) in connection with a US$450 million offering of Rule 144A/Reg S high yield senior secured notes issuance by Energean PLC, an international independent gas-focused oil & gas company focused on the exploration, development and production of gas and oil assets in the Mediterranean and listed on the London Stock Exchange as well as the Tel Aviv Stock Exchange. Proceeds will be used to repay and cancel commitments under Egyptian and Greek reserve-based lending facilities, including Greek subordinated debt, and for general corporate purposes. The senior secured notes are expected to be listed on The International Stock Exchange.

Elias Neocleous & Co LLC’s team advised the Initial Purchasers on all financing elements of the transaction involving Cypriot guarantors and security providers, and was led by our lawyers Pamela A. Evangelou, Demetris Rotis, Dimitris Papoutsis and Christos Kafouris.

For more information please speak with a member of our team that handled this transaction or with your usual contact at Elias Neocleous & Co LLC.

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