Mytilineos S.A.’s €500 Million International Bond Offering

Milbank LLP advised Mytilineos S.A. (“Mytilineos”) in connection with its debut international bond offering of €500 million 2.50% senior notes due 2024. Mytilineos used the proceeds of the bonds for general corporate purposes and to pay costs and expenses related to the offering.

Mytilineos is a leading industrial company with internationally diverse assets and operations in Metallurgy, Power & Gas and EPC & Infrastructure. Headquartered in Greece, it has a strong international presence with projects in 25 countries in five continents. Founded as a family business in 1908, Mytilineos’ shares have been listed on the Athens Exchange with a market capitalization of approximately €1.5 billion.

This is the ninth debut issuance representation by Milbank since July 2019. Other recent issuer and underwriter representations include the debut issuances by Victoria PLC, GEMS Education, Inmarsat, Sazka, Forgital, Vivion, Schoeller Allibert and Unifrutti.

The Milbank team was led by European Leveraged Finance/Capital Markets partner Apostolos Gkoutzinis (Picture) and special counsel Trevor Truman, with associates Melanie Probst and Iakovos Anagnostopoulos. The team also included Washington, DC Transportation and Space partner Dara Panahy and associates Bijan Ganji, Pinky Mehta and Lafayette Greenfield, and Nina Marot, associate of the London Technology group.

Involved fees earner: Bijan Ganji – Milbank; Apostolos Gkoutzinis – Milbank; Lafayette Greenfield II – Milbank; Nina Marot – Milbank; Dara Panahy – Milbank; Melanie Probst – Milbank; Trevor Truman – Milbank;

Law Firms: Milbank;

Clients: Mytilineos SA;