Latham & Watkins Advises on PPC’s €775 Million Green Bond Issuance

Latham & Watkins has advised the initial purchasers in connection with the green bond offering of €775 million 4.25% senior notes due 2030 by Public Power Corporation S.A. The proceeds from the offering have been used to redeem in full its €775 million sustainability-linked senior notes due 2026 and pay fees and expenses related to the offering.

The Latham team was led by partner Jeff Lawlis with associates Chiara Coppotelli and Edoardo Picchi.

The pool of banks was led by Citigroup Global Markets Europe AG, Goldman Sachs Bank Europe SE, and HSBC Continental Europe (as billing & delivery bank) which acted as Joint Global Coordinators and Joint Physical Bookrunners, and BofA Securities Europe SA, BNP PARIBAS, Deutsche Bank Aktiengesellschaft, Morgan Stanley Europe SE, Nomura Financial Products Europe GmbH, Société Générale, UniCredit Bank GmbH, Alpha Bank S.A., Credia Bank S.A., Eurobank S.A., National Bank of Greece S.A., Optima bank S.A., Piraeus Bank S.A., Ambrosia Capital Hellas Single Member Investment Services S.A., AXIA Ventures Group Ltd and Euroxx Securities S.A. which acted as Joint Bookrunners.