Koutalidis Law Firm advised the Dealer Managers in the Euro200bn PSI1

Koutalidis Law Firm advised on Greek law matters Deutsche Bank AG, BNP Paribas and HSBC in their capacity as the Dealer Managers in the €200bn approx. Private Sector Involvement (“PSI1”) Programme, announced by the Hellenic Republic for the restructuring of its sovereign debt and organised in accordance with the statement of the 21st of July, 2011 by the Heads of State or Government of the Euro Area and EU Institutions. Allen&Overy acted as international counsel of hte DMAs

PSI1 shortly before its completion was superseded by PSI2, negotiated on the basis of the statement dated the 26th of October, 2011 by EURO Summit.