In Corporate & M&As
Successful closing of Project Cetus, secondary sale of part of Cosmos Loan Portfolio
News & Works – Successful closing of Project Cetus, secondary sale of part of Cosmos Loan Portfolio
Successful closing of Project Cetus, secondary sale of part of Cosmos Loan Portfolio
We, at Your Legal Partners are thrilled to have contributed as legal advisors to the successful closing by our client EOS, a market leader in NPLs and distressed assets, together with CarVal, a dynamic alternative investment fund, of “Project Cetus”. This project involves the secondary sale of part of a portfolio (Cosmos Loan Portfolio), being purchased from Alpha Bank S.A., according to securitization law. We assisted Investors through every step of the sale process, from negotiation to the execution of relevant transaction documents, including LSPA, Servicing Agreement according to Greek law 5072/2023.