Europe - Cyprus
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Banking and finance

Chrysses Demetriades & Co Law Office

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The banking and finance practice at Chrysses Demetriades & Co Law Office boasts extensive experience in all types of corporate finance and capital markets work. It continues to be busy advising on a plethora of acquisition financings, as well as debt for asset swaps. Among its recent highlights, it has advised a consortium of banks on the financing arrangements for a major mall in Cyprus, as well as on a significant IPO overseas. It continues to be engaged in high-profile Cypriot restructuring transactions and is increasingly working on matters in the fintech and crypto space. Demosthenes Mavrellis and Chrysses Demetriades are the practice heads. Christos Heracleous and Andreas Lelekis are well-regarded.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘CDC are able to deliver Cypriot law advice and documentation on time-sensitive debt finance transactions and do so in a practical, results-oriented manner.’

  • ‘Christos Heracleous is a consistently reliable and responsive Cypriot counsel.’

  • ‘Experienced team, one of the biggest law firms in Cyprus.’

  • ‘This Cypriot law firm has a particularly strong expertise in relation to capital markets and listing requirements not only for Cyprus but for most recognised leading world listing platforms worldwide which makes it so much easier to work with if one plans a listing.’

  • ‘I work with Demosthenes Mavrellis and Christos Heracleous on share split issues as well as general preparation for listing and they proved to be very knowledgeable on this subject and not only from the academic perspectives but from actual practical angles which helped a lot to achieve our planned goals.’

Key clients

  • Bank of Cyprus PLC
  • Morgan Stanley LLC
  • Goldman Sachs Intl.
  • Piraeus Bank S.A
  • Alfa Bank S.A. (Athens)
  • Advent International
  • J.P. Morgan International
  • The Leptos Group
  • Howden Broking Group
  • Barclays Bank PLc
  • Nomura Singapore
  • BNP Paribas
  • Deutsche Bank
  • NBG PANGAEA REIC
  • Steering Committee of Lenders to Interpipe
  • HSBC Bank
  • Citigroup

Work highlights

  • Advised the Book Runners, including WOOD & Company Financial Services, a. s., Citigroup Global Markets Europe AG, and UniCredit Bank Gmbh, Milan Branch (as the Joint Global Coordinators) on an approximately €140m public offering of the Cypriot issuer, Premier Energy Plc, on the Bucharest Stock Exchange (BSE), in a large IPO with a market capitalisation of €490m.
  • Acted for a consortium of banks in relation to financing arrangements of a major mall in Cyprus.
  • Advised Nuvei Corporation, the global payment technology group, in relation to facilities in the amount of $1.3bn for the purposes of the acquisition of Paya Holdings Inc. and refinancing thereof.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Demosthenes Mavrellis
Chrysses Demetriades & Co Law Office
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Christos Heracleous
Chrysses Demetriades & Co Law Office

Practice head

The lawyer(s) leading their teams.

Demosthenes Mavrellis, Chrysses Demetriades

Other key lawyers

Christos Heracleous, Andreas Lelekis