Spearheaded by Demosthenes Mavrellis, the nimble team at Chrysses Demetriades & Co Law Office fields expertise in syndicated lending, NPL recovery and securitisation matters, as well as advising on securities issuances and funds structuring. The group frequently represents leading local banks and other financial institutions in restructuring work, acquisition financings, and debt and asset swaps. Tech sector matters have been prominent in the department's workload, with the team advising on bitcoin mining matters. Michaela Hadjihambi is singled out for her contributions.
Testimonials
Collated independently by Legal 500 research team.
‘Experienced team with good availability, commercial approach to issues, easy to work with.’
‘We have worked with Chrysses Demetriades on multiple occasions as local counsel in Cyprus and have had a consistent work product and experience with them. CDC were able to directly and adequately address all of the queries with appropriate management of client expectations. It was a pleasure working with them.’
‘Christos Heracleous is extremely responsive, in touch with market requirements and delivers consistently excellent and practical advice.’
‘This is a real boutique firm to combine such an essential knowledge of local and international capital markets, public company laws and experience with working with top international law firms, banks and underwriters. They fit our needs like a glove and we are very pleased with the quality of work undertaken by them for us.’
‘Demosthenes Mavrellis proves to be very efficient, knowledgeable and responsive to our needs. He possesses a vast array of capital markets and corporate expertise which makes him capable of answering more or less all our queries without a need to delegate them to anybody else which is quite convenient.'
'Demosthenes' team are very knowledgeable and efficient and it is a pleasure of working with them as well, especially with his right hand associate, Christos Heracleous, who is just brilliant too.’
Key clients
- Bank of Cyprus PLC
- Morgan Stanley LLC
- Goldman Sachs Intl.
- Piraeus Bank S.A
- Alfa Bank S.A. (Athens)
- Advent International
- J.P. Morgan International
- The Leptos Group
- Howden Broking Group
- Barclays Bank PLc
- Nomura Singapore
- BNP Paribas
- Deutsche Bank
- NBG PANGAEA REIC
- Steering Committee of Lenders to Interpipe
- HSBC Bank
- Citigroup
Work highlights
- Advised BNP Paribas S.A., Axis Bank Limited, Deutsche Bank AG, Citibank N.A. and other lenders named in the Revolving Credit Facility Agreement on the reorganisation of the financing of a Cypriot group of companies, up to a total commitments of EUR375m.
- Acted for various credit institutions in connection with a $750,000,000 notes issuance.
- Acted for a consortium of banks in relation to the financing arrangements for a major mall in Cyprus.
Lawyers
Practice head
The lawyer(s) leading their teams.
Demosthenes Mavrellis