Dec 2023

Banking & Finance

Machas & Partners Guides Grammikos Group in €8.5 Million Bond Loan for OPAL Residential Complex in Maroussi.

We are pleased to have advised our client, Grammikos Group, in the issue of a €8.5 million bond loan subscribed by Pancreta Bank.


The proceeds from the loan will be allocated towards the financing of “OPAL,” a contemporary residential complex in Maroussi, Athens, which aligns with our client’s commitment to a sustainable community and environmental responsibility, in line with the highest technical and technological standards.

The project is ongoing and we remain committed to assisting our client in their pioneer and challenging business needs, which set the path for similar projects and breakthrough financing arrangements.

Our Associate Dimitris Spyridakis coordinated all aspects of the transaction until financial closing, whereas our Senior Associate, Sonia Saranti, is leading the team in view of enabling the commercial needs of our client. Trainee Lawyer, Anna Maria Pissanou, also contributed to the successful and timely completion of the transaction.