The 'small but dynamic’ and ‘entrepreneurial’ team at Machas & Partners Law Firm has a ’wealth of knowledge and proficiency in handling the intricacies of financial structures’, both from a domestic and cross-border perspective. The scope of this work includes covenant-lite and high-yield debt products in relation to acquisition finance mandates, as well as highly structured products and NPL-related work, where the firm is noted for its ability to handle securitisations encompassing various receivable types, alongside synthetic and traditional securitisation activities. With an ‘unparalleled dedication to client success’, Petros Machas ’leads the firm with aplomb’, with valuable support from the likes of the ‘ferociously bright and technically brilliant’ Sonia Saranti, who was promoted to partner in January 2024.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The firm has a deep knowledge of the Greek banking sector, with involvement in some of the largest and most complex securitisations and restructurings. Through their London office they are now successfully building an international profile.’

  • ‘Machas and Partners possesses a wealth of knowledge and proficiency in handling the intricacies of financial structures, whether they pertain to domestic or international scenarios. The firm provides a wide array of services within the domain of transactional and strategic banking.'

  • 'The small but dynamic team has a very entrepreneurial mindset and always focuses not only on how to find the best solution possible for their client but also on how they can utilise their breadth of capabilities to provide innovative options for their clients. Lastly, the way they collaborate with the client teams is very efficient, always respectful and results-driven.’

  • 'Petros Machas leads the firm with aplomb. His experience and contacts are second to none, as are his commercial and strategic nous. ’

  • 'Petros Machas has a unique way of synthesizing even the most complex problems and coming up with a practical and effective solution.'

  • ‘Sonia Saranti is the complete package. She is ferociously bright, technically brilliant, has excellent strategic and commercial instincts, is committed to her clients, and always goes the extra mile.'

  • ‘Sonia Saranti is a young banking lawyer but very promising and completely committed to client care.’

  • 'Dimitris Spyridakis is a joy to work with. He is hardworking, has good technical skills, and is great with clients.'

Key clients

  • AUTOHELLAS S.A.
  • Kleemann Lifts UK Limited
  • Navarino (UK) Limited
  • Grammikos Group
  • Eurobank SA
  • Piraeus Bank SA
  • Clayton Holdings Ltd
  • Thea Artemis AEDADP
  • Ellington Solutions SA
  • EDU HOLDINGS LTD
  • Brite S.A.
  • On Property Management Ltd
  • Blinq Ltd

Work highlights

  • Represented the group of sellers in a landmark private acquisition of the two leading providers of post-secondary education in Greece (IEK AKMI and Metropolitan) accompanied by a reinvestment by the seller in the top-tier holding entity of the acquirer, an entity controlled by BC Partners.
  • Advising Eurobank SA in its capacity as lender in the €25m financing of a wind park with a total nominal capacity of 39.6 MW.
  • Advising the licensed manager of loan receivables, as well as the US investor controlling it, on a potential restructuring of one of the most pioneering securitisations that have been completed in the Greek market in the last few years.

Lawyers

Practice head

The lawyer(s) leading their teams.

Petros Machas

Other key lawyers

Sonia Saranti, Daphne Kasimati, Dimitris Spyridakis