LAWFUEL – the Legal Newswire – London, July 6, 2007 – Dewey Ballantine LLP, a leading international law firm, announced today that a team from Dewey Ballantine’s London office, led by U.S. securities partner George Barboutis, has advised the underwriters on the €1.12 billion ($1.5 billion) offering by the Hellenic Republic of shares in the Hellenic Telecommunications Organization SA (OTE), the national Greek telecommunications operator.
The underwriting syndicate comprised Credit Suisse, UBS, Merrill Lynch, Deutsche Bank and EFG Eurobank. The offer was conducted through an accelerated book-building and consisted of an offer to non-U.S. international investors under Regulation S and to U.S. QIBs under Rule 144A. At €1.12 billion, this transaction was the largest capital markets transaction out of Greece for this year.
The Dewey Ballantine team also included counsel John Taylor and associates Amrita Maini and Io Michailidou.
About Dewey Ballantine
Dewey Ballantine LLP, an international law firm with 550 lawyers located in New York, Washington, D.C., Los Angeles, East Palo Alto, Austin, Charlotte, London, Warsaw, Frankfurt, Milan, Rome and Beijing, was founded in 1909. Through its network of offices, the firm handles some of the largest, most complex corporate transactions, litigation and tax matters in areas such as M&A, private equity, project finance, corporate finance, corporate reorganization and bankruptcy, antitrust, intellectual property, sports law, structured finance and international trade. Industry specializations include energy and utilities, health care, insurance, financial services, media, consumer and industrial goods, consumer electronics, technology, telecommunications and transportation.