PRESS RELEASE
15 May 2023

EUR 1.3 Billion High Yield

EN
Elias Neocleous & Co LLC

Contributor

Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.
The capital markets team of Elias Neocleous & Co LLC advised Allwyn Entertainment Financing (UK) plc in connection with its high yield issuance of EUR 1.3 billion...
United Kingdom

The capital markets team of Elias Neocleous & Co LLC advised Allwyn Entertainment Financing (UK) plc in connection with its high yield issuance of EUR 1.3 billion comprising EUR665 million 7¼% senior secured notes due 2030 and USD700 million 7⅞% senior secured notes due 2029. The proceeds of the notes will be used by the said company to repay drawings under its revolving credit facility, to redeem existing notes, repurchase preferred shares issued by its parent company and for general corporate purposes. Allwyn is a leading multi-national lottery operator and operates lotteries across the EU such as OPAP in Greece and the UK National Lottery. The team of Elias Neocleous & Co LLC was lead by Elias Neocleous with the assistance of Michael Pelosi and Demetris Roti.

For more information please contact Michael Pelosi or Demetris Roti

Contributor

Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.

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