Olympia Odos, the concession company for the EKPPT motorway project in Greece has achieved financial close on the restructuring of its debt facilities.
The project involves the construction of a 2×2 lane motorway from Korinthos to Patras and from Patras to Tsakona and the maintenance of existing motorway from Elefsina to Korinthos. This transaction was originally signed in 2008.
The European Investment Bank is providing new funding, alongside additional funding from a conglomerate of international and Greek banks. Olympia Odos was advised by Deutsche Bank and Norton Rose Fulbright.
Operis provided financial model due diligence services for Olympia Odos, the banks and the Greek state.
Further information on Operis:
Operis is a leading advisor in project and infrastructure finance, renowned for its financial modelling and model auditing expertise and financial structuring advice. The firm has been mandated by the leading investment banks, infrastructure funds, bond arrangers and guarantor bodies around the world. This experience covers over 700 projects and other funded transactions worldwide.
Paul Myers – Managing Director
+44 (0)20 7562 0400