Bernitsas has advised AP Hermes Securitization on the acquisition of an NPL portfolio of unsecured and secured loans with a total legal claim of approximately EUR 700 million.
According to Bernitsas, the loans in the portfolio had been originally sold and transferred by Piraeus Bank as part of the wider Sunrise I Portfolio.
The Bernitsas team included Partner Athanasia Tsene and Associate Odysseas Fokas.
Bernitsas did not respond to our inquiry on the matter.